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Structure of the Code: The Benefits of the Adopted Structure:

THE CODES OF GOOD PRACTICE FOR BROAD – BASED BLACK ECONOMIC EMPOWERMENT QUALIFYING SMALL ENTERPRISE SCORECARD CODE 800 STATEMENT 801 - 807. STRUCTURE OF THE CODES OF GOOD PRACTICE. Structure of the Code: The Benefits of the Adopted Structure:

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Structure of the Code: The Benefits of the Adopted Structure:

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  1. THE CODES OF GOOD PRACTICE FOR BROAD – BASED BLACK ECONOMIC EMPOWERMENT QUALIFYING SMALL ENTERPRISE SCORECARDCODE 800 STATEMENT 801 - 807

  2. STRUCTURE OF THE CODES OF GOOD PRACTICE Structure of the Code: The Benefits of the Adopted Structure: • Logical Flow of the Structure: The Code is structured according to the logical flow of BEE scorecard. • Flexibility of the Structure: It enables the Minister and DTI to expand, amend or remove individual statement as and when required, without having to re-issue the entire Code of Good Practice. • Best Practice: The structure is similar to those used by the Generally Accepted Accounting Practice internationally.

  3. Other Companies (Exceed Revenue R35m) Generic Scorecard, with all seven elements CODE 800 : MEASUREMENT OF BEE IN SMALL ENTERPRISES Small Enterprise Scorecard, Select four of the seven elements Qualifying Small Enterprise (Turnover btw R5m – R35m) All elements weigh 25% Indicators adapted to small enterprises Micro Enterprises (Turnover R 5m and below) Micro Exemption, Automatic Level 4 Recognition

  4. Framework for QSE’s – KEY PRINCIPLES

  5. CODE 800 : THE SMALL ENTERPRISES SCORECARD Using a system of weightings and targets, small enterprises can express their BEE Contribution as a score out of 100 points Small enterprises need only to choose 4 out of the 7 elements on the scorecard Very small and micro enterprises are exempted from BEE requirements and receive an automatic Level 4 Recognition

  6. CODE 801 : THE SMALL ENTERPRISES OWNERSHIP SCORECARD

  7. Management control criteria Weighting points Compliance Target Black representation at Top-Manager level. 25 50.1% Top-Manager representation. Bonus Points: Black women representation as Top-Managers 2 25% CODE 802 : THE SMALL ENTERPRISES MANAGEMENT SCORECARD

  8. Criteria Weighting points Compliance targets Years 0 - 5 Years 6 -10 Black employees of the Measured Entity who are Management as a percentage of all Management adjusted using the Adjusted Recognition for Gender 15 40% 60% Black employees of the Measured as a percentage of all employees adjusted using the Adjusted Recognition for Gender 10 60% 70% CODE 803 : THE SMALL ENTERPRISES EMPLOYMENT EQUITY SCORECARD

  9. Skills Development Element Weighting points Compliance Target Adjusted Skills Development Spend on Learning Programmes for black employees as a percentage of Leviable Amount. 25 2% CODE 804 : THE SMALL ENTERPRISES SKILLS DEVELOPMENT SCORECARD

  10. Criteria Weighting points Compliance targets Years0 - 5 Years 6 - 10 BEE Procurement Spend from all Suppliers based on the BEE Procurement Recognition Levels as a percentage of Total Measured Procurement Spend 25 40% 50% CODE 805 : THE SMALL ENTERPRISES PREFERENTIAL PROCUREMENT SCORECARD

  11. Criteria Weighting Points Compliance Target Average Annual value of all Enterprise Development Contributions and Sector Specific Programmes made by the Measured Entity as a percentage of the target 25 2% of NPAT CODE 806 : THE SMALL ENTERPRISES ENTERPRISE DEVELOPMENT SCORECARD

  12. Criteria Weighting Points Compliance Target Average Annual value of all Socio-Economic Development Contributions by the Measured Entity as a percentage of the target 25 1% of NPAT CODE 807 : THE SMALL ENTERPRISES SOCIO-ECONOMIC DEVELOPMENT SCORECARD

  13. THANK YOU

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