EXEMPTED MICRO-ENTERPRISE -EME:

  1. Any enterprise with an annual total revenue of R10 million or less qualifies as an Exempted Micro-Enterprise
  2. An EME is deemed to have a B-BBEE status of ‘Level Four Contributor’ having a B-BBEE recognition level of 100% .
  3. The enhanced B-BBEE recognition level for EMEs is that an EME which is 100% Black Owned qualifies for elevation to ‘Level One Contributor having a B-BBEE recognition level of 135%

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.