BBBEE CODES
BBBEE Legislation
EME | QSE | GENERIC |
---|---|---|
Turnover under R10 Million | Turnover between R10 and R50 Million | Turnover over 50 Milliion |
No certificate required, affidavit sufficient as per BBBEE Comissioner. Verification Agencies are no longer permitted to issue certificates to EMEs. | If more than 51% black owned no certificate required, affidavit sufficient as per BBBEE Commissioner. Verification Agencies are no longer permitted to issue certificates to more than 51% black owned QSE.
If the QSE is less than 51% black owned they are required to go through the full verification process. |
Always required to go through full verification process |
AMENDED,REPEALED AND DRAFT AMENDED CODES: