OVERVIEW OF TURNOVER THRESHOLDS / CATEGORIES

WHAT SIZE ARE YOU? WHICH RULES APPLY?

There are various categories of companies – based on the company’s turnover. Different levels of recognition are applied to the different sized companies on the Enterprise and Supplier Development element. On verification, smaller companies are granted some concessions on scoring.

1.      Generic entity

        A company with a turnover in excess of R50 million.

        These companies must comply with the full scorecard – no exemptions are granted;

2.      Qualifying Small Enterprise (QSE)

        A company with a turnover between R10 million and R50 million.

       These companies are granted minor concessions on scoring, but are measured against all            the same elements of the Scorecard as Generic entities;

3.      Exempted Micro Enterprise (EME)

        A company with a turnover less than R10 million.

       These companies are exempt from B-BBEE and need only present an affidavit on an annual           basis confirming their level of black ownership and annual turnover in the preceding                       financial year.

       EMEs with a 50% upward level of black ownership are automatically granted an enhanced             level of recognition (Level 2 upwards) and are exempt from B-BBEE up to a turnover of R50           million.