B-BBEE: Elements of the QSE Scorecard

OWNERSHIP   Ownership is a priority element for both QSE’s and Large Enterprises.  The ownership scorecard percentage has not changed and remains at 25% for 25 points.  To avoid being discounted by 1 level, the Measured Entity must score at least 40% of the annual target for Net Value based on time graduation factor.   […]

B-BBEE: The QSE Codes of Good Practice

The strategic intentions of the Qualifying Small Enterprise (QSE) Codes of Good Practice are to drive growth of small Black owned enterprises, drive local manufacturing and processing, encourage job creation and accelerate representation of Black women and youth in economic activities. The key objective is to be pro-active instead of re-active and place B-BBEE as […]

B-BBEE: The New Scorecard Explained

The New Generic Scorecard A Generic company will be classified as an organisation whose revenue is over R50 million per annum.  All three Priority elements will need to be complied with and reach the 40% sub-minimum requirements to avoid being discounted by 1 level.   ELEMENT REVISED WEIGHTING Ownership 25 points Management Control 19 points […]