Broad Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Industry ChartersAgri-BEE Charter4. Determination of AgriBEE Status |
4.1. | The BEE status of an Enterprise which falls within the scope of application of the AgriBEE Sector Code will be determined by the Enterprise's score on the AgriBEE Scorecard. The Scorecard consists of the following seven key elements: |
• | Ownership |
• | Management control |
• | Employment equity |
• | Skills development |
• | Preferential procurement |
• | Enterprise development |
• | Socio Economic Development |
4.2. | An Enterprise's BEE status will determine the proportional BEE procurement recognition level that the Enterprise will enjoy as a supplier to other entities applying the AgriBEE Sector Code. |
BEE Status |
Qualification |
BEE procurement recognition level |
Level One Contributor |
≥100 points on the AgriBEE/AgriQSE Scorecard |
135% |
Level Two Contributor |
≥85 but <100 points on the AgriBEE/ AgriQSE Scorecard |
125% |
Level Three Contributor |
≥75 but <85 on the AgriBEE/AgriQSE Scorecard |
110% |
Level Four Contributor |
≥65 but <75 on the AgriBEE/AqriQSE Scorecard |
100% |
Level Five Contributor |
≥55 but <65 on the AgriBEE/AgriQSE Scorecard |
80% |
Level Six Contributor |
≥45 but <55 on the AgriBEE/AgriQSE Scorecard |
60% |
Level Seven Contributor |
≥40 but <45 on the AgriBEE/AgriQSE Scorecard |
50% |
Level Eight Contributor |
≥30 but <40 on the AgriBEE/AgriQSE Scorecard |
10% |
Non Compliant Contributor |
<30 on the AgriBEE/AgriQSE Scorecard |
0% |
4.3. | The gazetting of an AgriBEE Sector Code for the Agricultural Sector, in terms of Section 9 of the Act is evidence of the commitment by all stakeholders to promote Broad-Based Black Economic Empowerment in the Agricultural Sector. |