BEE BASICS
BEE Basics
BEE Basics
There are 3 basic categories of BEE:
EME- Exempt Micro Enterprise- Turnover is under R10m a year.
QSE- Qualifying Small Enterprise- Turnover between R10m and R50m.
Generic Organisation- Turnover is over R50m. All generic organisations are assessed against the Generic scorecard.
Note: If you fall within an industry charter, the above thresholds may differ.
There are 3 basic categories of BEE:
EME- Exempt Micro Enterprise- Turnover is under R10m a year.
QSE- Qualifying Small Enterprise- Turnover between R10m and R50m.
Generic Organisation- Turnover is over R50m. All generic organisations are assessed against the Generic scorecard.
Note: If you fall within an industry charter, the above thresholds may differ.
Priority Elements:
- Ownership, Skills Development, Enterprise and Supplier Development are Priority Elements.
- For a QSE you need to reach the minimum on Ownership and 1 other Priority element to avoid being discounted by one level.
- Generic organisations must comply to the minimum on ALL Priority Elements to avoid being discounted.
We offer a full solution BEE consulting process, enabling compliance under the new
BEE codes.
- Establishing your current BEE status as a baseline.
- Design of a tailor-made Least cost BEE Compliance Plan
- Prepare and assist with the implementation of an easy to understand BEE plan
- Assist with ALL elements on the scorecard to maximise your BEE score
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