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 […]
Tag Archives: Revised
B-BBEE: The Revised Codes of Good Practice
The Department of Trade and Industry (DTI) published the Revised Codes on the 11th of October 2013, and provided for a provisional period of 18 months. The Revised Codes became effective from the 1st of May 2015 and brought about the following changes: 1.The number of elements has been reduced from 7 to 5 elements, […]