Our BBBEE Services to you
 Advise and assist on all BBBEE related issues.
 Compiling and preparation of the BBBEE file.
 Calculations for Socio Development and Enterprise Development.
 Pre-Audit for your company.
 Give guidelines to make sure your company does not under or over spend.
 Arrange BBBEE Audit and to be actively involved in the whole process.
 Implement the process throughout the year and be prepared for the next Audit.
Please note:
We are an Employer’s Organisation and that renders us only to assist and represent all employers and not employees.
Email us or Call 016 932 3378/9
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BBBEE
  • Black Economic Empowerment is not affirmative action, although employment equity forms part of it. It is a growth strategy targeting inequality.
  • This is an instrument aimed at broadening the economic growth, development , enterprise development and creating employment
  • BEE serves as empowering more previously disadvantaged, to own and manage enterprises.
  • BEE assigns points values to the seven elements of the BEE scorecard

Types of companies:

EME (Exempt Micro Enterprise)

This is a company has an annual turnover of less than R10 million. These companies are automatically given a BEE Scorecard of 80 points (Level 4) or if the majority is black owned, a score of 90 points (Level 3)

QSE (Qualifying Small Enterprise)

This is an enterprise with an annual turnover of between R10 Million and R50 Million. QSE’s will need to fill in a scorecard, but must comply on all 5 elements elements.

GENERIC
All companies with an annual turnover above R50 Million per annum. They need to comply with all the 5 elements

BEE Scorecard
BEE in a nutshell – Categories of enterprises

CATEGORY

ANNUAL TURNOVER

SCORECARD COMPLIANCE

EXEMPT MICRO ENTERPRISE

<R10 million

Automatic BEE compliance irrespective of ownership
Automatic Level 4 status – 100% BEE recognition (Table 2)

QUALIFYING SMALL ENTERPRISE (QSE)

R10 million – R50 million

Score on 5 elements using QSE Codes (Table 1)

GENERIC ENTERPRISE

>R50 million

Score on all 5 elements using Generic Codes (Table 1)

 Table 1

BEE Scorecard

QSE (Turnover R10 – R50 million)

Generic (Turnover >R50 million)

Requirements to Achieve

ELEMENT

POINTS

POINTS

TARGETS

Ownership

25

25

25% + 1 vote of company black owned

Management Control

15

19

50.1% management are black

Skills Development

30

20

3% - 6% of payroll used to train black staff

Enterprise and Supplier Development

33

40

1% - 2% of NPAT used to contribute to black people

Socio-Economic Development

5

5

1% of NPAT used to donate to black people

Table 2

The points scored out of 100 by QSE and Generic businesses are converted into a BEE status level set out below.

BEE Status

BEE Points

 

Level One

=100 Points

135%

Level Two

=95 but <100

125%

Level Three

=90 but <95

110%

Level Four

=80 but <90

100%

Level Five

=75 but <80

80%

Level Six

=70 but <75

60%

Level Seven

=55 but <70

50%

Level Eight

=40 but <55

10%

Non Compliant

<40

0%


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016 932 3378/9
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