Statistics Act, 1999
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Amended Codes of Good Practice (2018): Youth Employment Service InitiativeAmended Code Series 000: Framework for Measuring Broad-Based Black EmpowermentStatement 000: Youth Employment Service5. B-BBEE Recognition |
| 5.1 | The table below outlines the numerous levels of B-BBEE Recognition achievable through the Y.E.S initiative, provided the preconditions are met. |
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B-BBEE RECOGNITION |
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Achieve Y.E.S Target and 2.5% Absorption |
Move 1 B-BBEE Recognition Level up on the Scorecard |
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Achieve 1.5 x Y.E.S Target and 5%% Absorption |
Move 1 B-BBEE Recognition Level up on the Scorecard + 3 Bonus Points to the overall Scorecard |
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Double Y.E.S Target and 5% Absorption |
Move 2 B-BBEE Recognition Levels up on the Scorecard |
