BBBEE CERTIFICATION
Get BBBEE certified so you can be more competitive in your bids for larger contracts and business opportunities in South Africa.
Helping you meet your business expansion goals in South Africa
A BBBEE certificate is issued following an in-depth verification process that assesses the compliance of your company to South Africa’s transformation strategy according to size, sector, ownership and development spend.
Meeting or exceeding industry requirements for BBBEE can give your company preferential procurement status, providing businesses in South Africa with a real competitive advantage when bidding for new contracts and tenders from both private and public sectors.
Honeycomb BEE Ratings is the largest SANAS-approved verification agency in South Africa, specialising in all 12 BBBEE sector codes.
Find out more about BEE certification requirements for your company:
Exempt Micro Enterprises
Annual Turnover: <R10 million/year
EMEs qualify for automatic Level 4 BEE status with 100% contribution recognition. Small businesses with higher black ownership can improve this to 135% recognition with a BEE affidavit.
Qualifying Small Enterprises
Annual Turnover: R10 – R50 million/year
QSEs with black ownership of less than 51% need to be BEE-compliant, and require verification. QSEs with +51% black ownership can improve their BEE status.
Generic Enterprises
Annual Turnover: >R50 million/year
Large South African enterprises, foreign companies and multi-national corporations are measured against BBBEE codes of good practice.
How to get BEE Certification
We provide an end-to-end BBBEE certification solution, from on-site verification and pre-rating assessments to the issuance of your final SANAS-approved BBBEE Certificate, all within 4 to 6 weeks.
Understanding your BEE Requirements
The first step is to ascertain the Broad-Based Black Economic Empowerment needs of your company, and if it is possible to achieve them.
On-site Document Verification
On-Site Verification of the evidence submitted for each one of the elements is required in order to achieve the maximum amount of points possible.
Pre-rating Assessment
A Pre-Rating Assessment is conducted on all of the evidence provided by you to determine points received for each element as well as the BBBEE Contribution status.
Finalise Product
A Preliminary Report is provided based on the verification process. Once accepted, your accredited BBBEE Verification Certificate and Final Report is sent to you.
Frequently Asked Questions
What is a BBBEE certificate?
A BBBEE certificate is a document verifying your business’ performance with regards to black economic empowerment in South Africa, as determined by your company size, sector code and the points accrued across each of the five elements of the BEE scorecard.
How long does it take to get a BBBEE certificate?
It generally takes 4 to 6 weeks to get your BBBEE certificate, depending on the data submitted. Urgent verifications can be executed in just 2 to 3 weeks if required.
How long is a BEE certificate valid for?
Your BEE certificate is valid for a period of one year (12 months) from the date of issuance (signing by a commissioner of oaths).
How do I increase my BEE score?
Improving your BEE level depends on your business’ size and sector, but will involve a mix of black ownership / shareholding, employment equity, and spend on skills development, enterprise development, and socio-economic development.
Find out more about how the BBBEE Scorecard applies to your business.
Start your BBBEE journey with us
Honeycomb BEE promises good practice and extensive knowledge of BBBEE. We uphold what is written in law and gazetted, helping you to truly transform your business with BEE verification services
Contact Us
Head Office
Phone
0861 HONEYCOMB (466 392 662)
Fax
086 520 5064
Address
27 14th Avenue
Northmead
Benoni
1501