BEE Verification

Is Your Company / Business BEE Compliant?

Not being BEE compliant can have a negative impact on your company’s ability to obtain certain contracts. By becoming BEE compliant, you open doors that may have been previously closed due to non-compliance.

SAB&T BEE verification has you covered. We provide all of the relevant information and will provide you with a seamless and professional service.

Have any questions? Feel free to contact us.

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

SAB&T BEE SERVICES - 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.

SAB&T BEE SERVICES - 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.

SAB&T BEE SERVICES - large-business-owner
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.

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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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 Equity25 points
Management Control15 points
Skills Developement25 points 5
Enterprise and Supplier Development30 points 3
Socio-Economic Development Contributions5 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 Equity25 points
Management Control19 points
Employment Equity20 points
Skills Development40 points
Preferential Procurement5 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
OwnershipWho owns the business?Shareholders, Members, Owners
Management ControlWho controls the business?Directors, Board, Owners and Management
Skills DevelopmentWho is trained in the business?Learnerships, Internships Training programmes
Preferential ProcurementWho does the business buy from?Suppliers, Service Providers, Landlords
Supplier DevelopmentAssisting small black owned businesses by increasing their financial and operational capacityLoans, Grants, Skills Transfer, Training, Discounts, Preferred credit terms etc
Enterprise DevelopmentAssisting small black owned businesses increase their financial and operational capacityLoans, Grants, Training, Discounts, Preferred credit terms etc
Socio Economic DevelopmentContributions to black beneficiariesDonations, 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 points135%
Level Two Contributor= 95 but < 100125%
Level Three Contributor=90 but < 95110%
Level Four Contributor= 80 but < 90100%
Level Five Contributor= 75 but < 8080%
Level Six Contributor= 70 but < 7560%
Level Seven Contributor≥ 55 but < 7050%
Level Eight Contributor≥ 40 but < 5510%
Non-compliant Contributor< 400%

 

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

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