Statistics Act, 1999
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Industry ChartersFinancial Services CharterCode Series FS600: The Measurement of the Enterprise Development and/or Empowerment Financing Element of Broad-Based Black Economic EmpowermentStatement 601: The Measurement of the Enterprise Development Element for Measured Entities that are exempted from contributing towards Empowerment FinancingAnnexe 600(C) : Qualifying Beneficiaries |
There are two Enterprise Development Beneficiary categories, which a beneficiary entity can qualify under in order to receive Enterprise Development contributions;
Category A
A is a more than 50% black owned business with an annual turnover of R35 million or below.
Category B
Either,
A is a more than 50% black owned business with an annual turnover of more than R35 million, or
A is a more than 25% black owned business with a Level 6 B-BBEE Certificate or better.
