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B-BBEE Compliance

We are able to assist with all types of BEE Compliance, issueing the Certificates ourselves or by putting you in contact with 1 of the leading Economic Empowermwnt Rating Agencies in the country. Please download and complete our BEE Certification Questionnaire and, email or fax it to us, we will evaluate your requirements and contact you regarding further action to be taken.

To download the PDF document:  BEE Questionnaire

BEE Complianced Summarised

Broad-Based Black Economic Empowerment (B-BBEE) is a specific government policy to advance economic transformation and enhance the economic participation of black people in the South African economy.

The vision of the BEE Unit is to work towards ensuring, through equity and empowerment policies and strategic interventions, that the South African economy is restructured, to enable the meaningful participation of black people, women and rural or under-developed communities in the mainstream economy, in a manner that has a positive impact on employment, income redistribution, structural re-adjustment and economic growth.

Broad-based empowerment is accepted as the only meaningful way to broaden the country's economic base, and to accelerate growth, job creation and poverty eradication. It is achieved through transformation in the areas of ownership, management control, employment equity, skills development, preferential procurement, enterprise development, and socio-economic development, seven elements in all.

An enterprise, which is a subsidiary company, is part of a group of associated companies, or a franchisee within a franchise group, cannot be measured as part of its group, and BEE compliance must therefore be measured at its own entity level.

Measurement of a business entity's BEE compliance will be carried out in accordance with a scorecard. Government's (DTI's) generic scorecard, as contained in the Codes of Good Practice, consists of the following seven elements:

Element Weighting
Ownership - 20
Management Control - 10
Employment Equity - 15
Skills Development - 15
Preferential Procurement - 20
Enterprice Development - 15
Socio-Economic Development - 5
100

For more information on the above go to the Code of Good Practice.

Based on the overall perfomance of a measured entity using the Generic Scorecard, it receives one of the following B-BBEE Status:

B-BBEE Status Scorecard Points B-BBEE Level
AAA+ ≥ 100 135%
AAA ≥ 85 But < 100 125%
AA ≥ 75 But < 85 110%
A ≥ 65 But < 75 100%
BBB ≥ 55 But < 65 80%
BB ≥ 45 But < 55 60%
B ≥ 40 But < 45 50%
C ≥ 30 But < 40 10%
D < 30 0%

 

The different sector defined by the Transformation Charter each contain a scorecard that is generally modeled on the above generic scorecard.

Last Updated 18 Sep 09

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