VCA Home
 
 
image image image image
Payroll Outsourcing Services Payroll can be a time-consuming and arduous task but it needs to be done.
Read more
Training VCA has a number of short courses which it offers in-house to our clients. Read more
Your reliable Recruitment Consultancy As a respected Recruitment Consultancy, VCA can provide you with a number of recruitment specialists to locate you the best employee for any vacancy.
Read more
Adult Basic Education and Training (ABET) in South Africa Adult Basic Education and Training (ABET) is available to adults who want to finish their basic education. An outcomes-based programme, ABET aims to provide basic learning tools, knowledge and skills...
Read more
 
Home Services Offered BEE

B-BBEE (Broad-Based Black Economic Empowerment)

Allow us to demystify the Broad-Based Black Economic Empowerment (BBBEE) policy and advise you on how to can become BEE compliant.

We willconsult with you and advise you on the topic and prepare you for your B-BBEE certification.

Let VCA help you with your B-BBEE Rating

Allow us to demystify the Broad-Based Black Economic Empowerment (BBBEE) policy and advise you on how to can become BEE compliant. We will consult with you and advise you on the topic and prepare you for your B-BBEE certification.
  • BEE consultants will assist with the preparation of your file prior to verification, to ensure that obtaining a B-BBEE rating is painless and easy.
  • We shall assist you with understanding your current strategy in light of B-BBEE status requirements.
  • We will assist you with understanding where you are and where you would like to be, as a company, and how you need to get there in terms of obtaining a desirable B-BBEE Scorecard
Please see below for a more detailed synopsis.

Broad-Based Black Economic Empowerment Scorecard: Turnover less than R5 million

  • Exempt Micro Enterprise (EME)
  • Turnover less than R5 million
Should the organisation's turnover be less than R5 million the company's auditor may write a letter on their letterhead, confirming that the turnover is less than R5 million which automatically gives the client a Level 4 status.
Weighting
Target
Ownership
(effective ownership of enterprises by black people)

20

25% + 1 vote
25% economic interest
Management
(effective control of enterprises by black people)

10

50% Board Members
40% Top Management
Employment Equity
(Initiative intended to achieve equality in the workplace)

15

60%-80% depending on level of management
Skills Development
(extent to which employees carry out initiatives designed to develop the competencies of black people)


15

2% of Leviable amount
5% of employees for learnership
Preferential Procurement
(Extent to which enterprises buy goods and services from BBBEE-compliant suppliers)

20

70% of Total procurement
15% from QSE
12% from Black
8% from Black Women
Enterprise Development
(Extent to which enterprises carry out initiatives aimed at contributing to enterprise development)

15

2% of Net Profit after Tax
Socio-Economic Development
(Extent to which enterprises carry out initiatives aimed at contributing to socio-economic development and promoting access to the economy for black people)
5


1% of Net Profit after Tax
TOTAL
100
Total Score for 7 elements
 

Broad-Based Black Economic Empowerment Scorecard: Turnover less than R35 million

QSE Scorecard
Turnover less than R35 million

Weighting
Target
Ownership
(effective ownership of enterprises by black people)
15

25% + 1 vote
25% - economic interest
Management
(effective control of enterprises by black people)

25

50.10% Board Members
25% Top Management
Employment Equity
(Initiative intended to achieve equality in the workplace)

25

40%-70% depending on level of management
Skills Development
(extent to which employees carry out initiatives designed to develop the competencies of black people)

25

2% of Leviable amount
Preferential Procurement
(Extent to which enterprises buy goods and services from BBBEE-compliant suppliers)

25

50% of Total procurement spend
Enterprise Development
(Extent to which enterprises carry out initiatives aimed at contributing to enterprise development)

25

2% of Net Profit after Tax
Socio-Economic Development
(Extent to which enterprises carry out initiatives aimed at contributing to socio-economic development and promoting access to the economy for black people)

25

1% of Net Profit after Tax
TOTAL
100
Total Score for 4 elements

PROCUREMENT RECOGNITION LEVELS

BBBEE Status Qualification Procurement Level
Level 1 > 100 points 135%
Level 2 >85 but <100 pts 125%
Level 3 >75 but <85 pts 110%
Level 4 >65 but <75 pts 100%
Level 5 >55 but <65 pts 80%
Level 6 >45 but <55 pts 60%
Level 7 >40 but <45 pts 50%
Level 8 >30 but <40 pts 10%
Non-Compliant >30 points 0%

Broad-Based Black Economic Empowerment Scorecard: Turnover above R35 million

Generic Scorecard
Turnover above R35 million

Weighting
Target
Ownership
(effective ownership of enterprises by black people)

20

25% + 1 vote
25% economic interest
Management
(effective control of enterprises by black people)

10

50% Board Members
40% Top Management
Employment Equity
(Initiative intended to achieve equality in the workplace)

15

60%-80% depending on level of management
Skills Development
(extent to which employees carry out initiatives designed to develop the competencies of black people)

15

3% of Leviable amount
5% of employees for learnership
Preferential Procurement
(Extent to which enterprises buy goods and services from BBBEE-compliant suppliers)

20

70% of Total procurement
15% from QSE
12% from Black
8% from Black Women
Enterprise Development
(Extent to which enterprises carry out initiatives aimed at contributing to enterprise development)

15

3% of Net Profit after Tax
Socio-Economic Development
(Extent to which enterprises carry out initiatives aimed at contributing to socio-economic development and promoting access to the economy for black people)

5

1% of Net Profit after Tax
TOTAL
100
Total Score for 7 elements

PROCUREMENT RECOGNITION LEVELS

BBBEE Status Qualification Procurement Level
Level 1 > 100 points 135%
Level 2 >85 but <100 pts 125%
Level 3 >75 but <85 pts 110%
Level 4 >65 but <75 pts 100%
Level 5 >55 but <65 pts 80%
Level 6 >45 but <55 pts 60%
Level 7 >40 but <45 pts 50%
Level 8 >30 but <40 pts 10%
Non-Compliant >30 points 0%

Click here to request more information or for a quotation

Subscribe to our Newsletter

© 2012 Veld Cooper & Associates. All Rights Reserved.

13 10th Avenue | Northmead | Benoni | Johannesburg | Gauteng | South Africa
(T) 011 425 3575 | (F) 086 531 4688 | vca@veldcooper.com