WHY BE BBBEE COMPLIANT:

  1. Should you wish to render your services to the South African Government, you are required by law to demonstrate compliance with the Code of Good Practice by submitting a BBBEE certificate.
    1. Tenders, licences or concessions may be withheld for non-compliance.
    2. A compliant company gains competitive advantage over non-compliant companies.
    3. Your company achieves greater compliance when you purchase from suppliers with high compliance levels.
    4. Compliance creates economic opportunities and keeps you abreast of changes in the business landscape.
    5. Company gain investor confidence.
    6. Improves corporate image as a corporate citizen.
    7. Attracts other business opportunities from the industry players/professionals.

B-BBEE RECOGNITION LEVELS FOR QSEs:

  1. QSE which is 100% Black Owned qualifies for a Level One B-BBEE Contributor
  2. A QSE which is at least 51% Black Owned qualifies for level two B-BBEE recognition level
  3. Any misrepresentation on annual total revenue and level of black ownership constitute a criminal offence as set out in the B-BBEE Act as amended.