WHY BBBEE CERTIFICATION :

1. BBBEE certificate is a primary requirement for doing business with any Government Department, State Owned Companies (SOCs) or any other organ of state.
2. Government tenders, licences or concessions may be withheld for non-compliance.
3. A BBBEE compliant company enjoys a significant competitive advantage over non-compliant companies.
4. Compliance creates economic opportunities and keeps you abreast of changes in the business landscape.
5. A transformed company significantly enhances it brand equity and improves its investor confidence.
6. A transformed company improves image and is trusted as a good corporate citizen.
7. A transformed company attracts more business opportunities from the industry players/professionals.

B-BBEE COMPLIANCE THRESHOLDS AND STATUS LEVES:

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.