FAQ

Frequently Asked Questions

What is Broad-Based Economic Empowerment?

Black Economic Empowerment (BEE) or Broad-Based Economic Empowerment (BBBEE) is a programme initiated by the South African government to remedy the inequalities of the past, thus giving previously disadvantaged groups, which are South African citizens, economic inclusion – previously not available to them.

What are the different BEE rating types?

Exempt Micro Enterprise
Qualifying Small Enterprises
Generic Enterprises

How does Honeycomb’s BEE Ratings verification process work?

  1. A formal introductory meeting is conducted to ascertain the BBBEE needs of your company.
  2. An on-site verification of the evidence submitted for each of the elements is checked. Upon successful completion, a BBBEE verification certificate and final report will be issued

How long does the verification process take?

Ideally 4-6 weeks (dependent on data submitted).
There is an ability to do urgent verifications in just 2-3 weeks if required.

Is Honeycomb BEE Ratings SANAS accredited?

Yes.

Can I use Honeycomb BEE Ratings logo?

No – not allowed to use SANAS logo either.

Can I obtain a PDF version of my certificate to upload on my website?

Yes.

Contact Us

    Head Office

    Phone

    0861 HONEYCOMB (466 392 662)

    (011) 880 1630

    Fax

    086 520 5064

    Address

    27 14th Avenue
    Northmead
    Benoni
    1501