GENERIC ENTERPRISES

Large enterprises with annual revenue greater than R50 million, foreign companies and multi-national corporations need to be measured according to the B-BBEE scorecard. 

Get B-BBEE-certified so you can compete for larger contracts in South Africa and grow your business.

Large Enterprises and BEE:

Large enterprises need to comply with each of the 5 elements of the B-BBEE scorecard. These elements that you will be measured on are:

 

  • Ownership
  • Management Control
  • Skills Development
  • Enterprise and Supplier Development
  • Socio-Economic Development

Foreign-Owned Companies and Multi-National Corporations:

Foreign-owned companies trading in South Africa generally don’t meet black-ownership requirements of the B-BBEE scorecard. To be competitive and capitalise on business opportunities, foreign companies must seek compliance through:

 

  • Sale of equity (10% to 51%)
  • Participation in an Equity Equivalent Investment Programme
  • Maximising total measured procurement
    spend (TMPS) on preferential procurement suppliers

Get a Quote

Do you need to assess the B-BBEE risk of your suppliers? Complete the form and we’ll call you back for a turnkey B-BBEE Supplier Risk Assessment tailored to your business.

Contact Us

    Head Office

    Phone

    0861 HONEYCOMB (466 392 662)

    (011) 880 1630

    Fax

    086 520 5064

    Address

    27 14th Avenue
    Northmead
    Benoni
    1501