Are you a Generic Enterprise?
Generic Enterprises have an annual turnover in excess of R50 million per annum. Generic Enterprises are subject to being measured on all the elements of the B-BBEE scorecard.
The B-BBEE scorecard measures compliance against the following elements
01. Ownership
Measures the level of ownership and voting rights within your business, including shareholding value and participation.
02. Management control
Assesses representation in leadership and management, including executive and senior decision-making roles.
03. Skills development
Evaluates investment in training, learnerships, and development programmes.
04. Enterprise and supplier development
Measures how your business supports small enterprises through procurement and development initiatives.
05. Socio-economic development
Recognises contributions to community and social development programmes that promote sustainable economic participation.
B-BBEE recognition levels for
generic enterprises
B-BBEE contribution Level
Scorecard points
Procurement Recognition
Level 1
100 and above
135%
Level 2
≥ 95 but < 100
125%
Level 3
≥ 90 but < 95
110%
Level 4
≥ 80 but < 90
100%
Level 5
≥ 75 but < 80
80%
Level 6
≥ 70 but < 75
60%
Level 7
≥ 55 but < 70
50%
Level 8
≥ 40 but < 55
10%
Non-compliant
< 40
0%