... have now been gazetted and come into effect as of 1 May 2015.
These new codes will have an impact on your organisations strategies and implementation thereof. It will change the way you approach BEE and also more importantly change the way your customers view your BEE status.
Not only is it of vital importance to know the new B-BBEE codes and in particular the Amended Codes, but also how to correctly and effectively implement your strategy in order to secure full points under each pillar on your score card.
We at Tsa Africa are able to assist you to:
• Draw up your Workplace Skills Plan, Ensure your skills development takes place and is
an effective tool in the workplace
• Submit your Annual Training Report
• Assist to secure the points under the Amended Codes for SED, ED and SD
• Utilising your BEE contribution as per your specific requirements
• Record keeping and assisting with your verification
| B-BBEE Generic Scorecard |
| Element |
Weighting |
Code Series Reference
|
| Ownership |
25 points |
100
|
Management Control
|
15 points
|
200
|
Skills Development
|
20 points
|
300
|
Enterprise & Supplier Development
|
40 points
|
400
|
Socio Economic Development
|
5 points
|
500
|
| Score Qualification |
Status Level |
B-BBEE Recognition
|
| 100+ |
1 |
135% |
| 95 to 100 |
2
|
125% |
| 90 to 95 |
3
|
110% |
| 80 to 90 |
4
|
100% |
| 75 to 80 |
5 |
80% |
| 70 to 75 |
6
|
60% |
| 55 to 70 |
7
|
50% |
| 40 to 55 |
8
|
10% |
| 40 |
NC
|
0% |
|
An organisation with a turnover of more than R50 million per annum will be measured against a Generic BEE Scorecard.
A generic or large organisation is required to be measured against the entire 5 areas of the BEE Scorecard as from October 2014.
Exempted Micro Enterprise (EME)
Any enterprise with an annual total revenue of R10 Million or less qualifies as a Exempted Micro Enterprise.
Qualifying Small Enterprise (QSE)
A measured Entity with an annual total revenue of between R10 million and R50 million qualifies as a Qualifying Small Enterprise. |
