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TAKING YOU TO THE
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TAKING YOU TO THE
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SAB&T BEE SERVICES

Categories below are based on the 2013 Revised Codes of Good Practice

small-business-owner
Exempt Micro Enterprise BEE

Annual turnover of R10 million or less

 

The Revised B-BBEE codes of good practice prescribes that any enterprise, including sole proprietors, with annual turnover of R10 million or less qualifies as an Exempt Micro Enterprise (EME). Where Sector Codes are applicable the threshold for qualification as an EME BEE may be different from the R10 million threshold.

medium-business-owner
Qualifying Small Enterprise BEE

Annual turnover R10 million to R50 million

 

Any business or enterprise where the annual turnover is over R10 million but less than R50 million, is a Qualifying Small Enterprise.

 

A QSE BEE must be measured on all 5 elements of the revised BEE scorecard.

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Large Enterprise BEE

Annual turnover of R50 million or More

 

Any organisation turning over more than R50 million annually is categorised as a Generic company and has to be rated against the Generic Scorecard.

 

A GENERIC BEE company must be measured on all 5 elements of the revised BEE scorecard.

ABOUT SAB&T BEE SERVICES

SAB&T BEE Services, together with our holding company, Nexia SAB&T INC, one of the largest black owned Auditing and Accounting firms  in South Africa and the JSE listed Sasfin Commercial Solutions, are focused on ensuring that BBBEE is not perceived as a compliance requirement, but instead as an integral component of a business’ marketing and growth strategy. It is important to note that the B-BBEE Act is not legislated against any company – but rather that government institutions and para-statals are required to comply. Click here to view our BEE Certificate.

SAB&T BEE Services’ team has been involved in the BEE environment from the inception of the Draft Codes of Good Practice, through the period of public feedback, to the gazetting of the final Codes in February 2007.Through our parent companies we have offices in all 9 provinces, so we are able to service customers throughout South Africa.

We are well-versed in the mechanics of the Revised Bee Codes and also understand the background and rationale that inspired them. As one of the first role players in this embryonic industry, SAB&T BEE Services was instrumental in the formation of the local BEE forum and was a founding member of the industry’s professional body – the Association of BEE Verification Agencies (ABVA) now the Association of B-BBEE Professionals(ABP).

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DTI Grants available for expanding manufacturers

 

Click here to view the brochure.

Click here to visit the website.

Skills Submission for BEE Certification 2016/17.

 

This serves as a gentle reminder, that should you wish to obtain a BEE certificate for 2016/17, you need to submit your Workplace skills plan (WSP), Pivotal Training Plan and Annual Training Report (ATR) on or before 30 April 2016.

 

Please note that these documents may only be submitted electronically via the SETA online system.

 

Failure to submit the skills documentation will disqualify the organisation from being rated on the Skills Development element, leading to the loss 1 level on the BEE scorecard. The organisation will also not be able to achieve the 2.5% participation for Learnerships, Internships or Apprenticeships as per the Revised BEE Codes.
We therefore urge you to submit the said documentation without delay. We have partnered with skills development specialists in the various regions to assist our clients with the submissions, so should you have any questions or experience any problems, please do not hesitate to contact Abisha Katerere on abisha@sabtbee.co.za

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For more information on BEE please click on the relevant business classification that your business falls under:

 

EME : Turnover Under R10 Million

 

QSE : Turnover between R10 Million and R50 Million per year

 

Generic : Turnover greater than R50 Million per year

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RevisedCodes1
BEEPresentationOnRevisedCodes20131

The BBBEE codes of good practice prescribes that any enterprise, including sole proprietors, with annual turnover of R10 million or less qualifies as an Exempt Micro Enterprise (EME). Where Sector Codes are applicable the threshold for qualification as an EME may be different from the R10 million threshold.

 

Black Owned EME and QSE’s with turnovers of between (R0 to R50m) are deemed to have BBBEE status of level 1 if 100% black owned and BBBEE status of level 2 if >50,1% to 99% black owned. Where there is < 50% black ownership and 0% black ownership the enterprise will be deemed to have a BBBEE status of level 4 having a procurement recognition level of 100%..

Any business or enterprise where the annual turnover is over R10 million but less than R50 million, is a Qualifying Small Enterprise.

 

A QSE must be measured on all 5 pillars of the scorecard, which have been weighted as follows:

 

Element
Weighting
Bonus Points
Ownership Equity 25 points
Management Control 15 points
Skills Developement 25 points  5
Enterprise and Supplier Development 30 points  3
Socio-Economic Development Contributions 5 points
 Total Score  100 points  8

 

Click here for Qse BEE application form

Any organisation turning over more than R50 million annually is categorised as a Generic company and has to be rated against the Generic Scorecard. A GENERIC company is scored against all 5 elements.

 

Elements and weightings (Generic Scorecard)
Element
Weighting
Ownership Equity 25 points
Management Control 19 points
Employment Equity 20 points
Skills Development 40 points
Preferential Procurement 5 points

 

Click here for application form

There are elements of the revised codes scorecard which will require long term planning to change.

 

ELEMENTS OF BBBEE

 

What then are the various ELEMENTS (PILLARS) against which companies will be measured?

 

Element
Description
Examples
Ownership Who owns the business? Shareholders, Members, Owners
Management Control Who controls the business? Directors, Board, Owners and Management
Skills Development Who is trained in the business? Learnerships, Internships Training programmes
Preferential Procurement Who does the business buy from? Suppliers, Service Providers, Landlords
Supplier Development Assisting small black owned businesses by increasing their financial and operational capacity Loans, Grants, Skills Transfer, Training, Discounts, Preferred credit terms etc
Enterprise Development Assisting small black owned businesses increase their financial and operational capacity Loans, Grants, Training, Discounts, Preferred credit terms etc
Socio Economic Development Contributions to black beneficiaries Donations, Food, Stationery, School fees, products etc

 

BEE RECOGNITION LEVELS

 

In terms of the scorecards, companies are rated against set targets for the different elements and are then given a total score out of 109 for Generics and 100 for QSE’s. Obviously, the higher the score the business achieves, the better. In this regard, there are different LEVELS of compliance as shown in the table below:

 

B-BBEE Status
Qualification
B-BBEE Recognition Level
Level One Contributor =100 points 135%
Level Two Contributor = 95 but < 100 125%
Level Three Contributor =90 but < 95 110%
Level Four Contributor = 80 but < 90 100%
Level Five Contributor = 75 but < 80 80%
Level Six Contributor = 70 but < 75 60%
Level Seven Contributor ≥ 55 but < 70 50%
Level Eight Contributor ≥ 40 but < 55 10%
Non-compliant Contributor < 40 0%

 

It has become very obvious that for certain industries, it will be difficult to achieve a reasonable score against the Codes of good practice. As a result of this, the codes allow for the introduction of industry or sector specific codes which differ slightly from the general Codes of Good Practice.

 

Sector Charters  are the same as Transformation Charters, and are developed by major stakeholders in the relevant industries. Should your business fall under any one of these Sectors you are obliged to be measured under this specific Sector Charter.

 

Sector charters currently being revised are as follows:

 

Property

Agriculture

ICT

Transport

  • Bus Commuter and Coach Services
  • Taxi Industry Sub-Sector Code
  • Road Freight Sub-Sector Code
  • Public Sub-Sector Code – Transport
  • Maritime Transport and Services Industry Sub-Sector Code
  • Forwarding and Clearing Sub-Sector Code
  • Rail Sub-Sector Code
  • Domestic Aviation Sub-Sector Code

Forestry

Construction

  • Contractors ( Any construction related companies such as Plumbers, Electricians, Painters etc)
  • Built Environment Professionals (Architects, Project management, Engineers, Property Valuers, Quantity Surveyors, Land Surveyors, Town Planners

Tourism

Chartered Accountancy

BEE WORKSHOPS

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New SAB&T BEE SERVICES & SIMS KHULA TRAINING


Date: 23-27th May 2016

Venue: 48 Oak Avenue, Highveld Technopark

Time: 8h30am – 14h00pm


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