May 13, 2021

Did you know? – A construction company with 0% of black ownership can obtain a B-BBEE Level better than Level 4

If the enterprise’s turnover does not exceed the annual threshold of R10mil per annum, it will be exempt from complying with any of the prescribed elements and will only qualify for an automatic level 6.

If the maximum points were reached for skills development and supplier development, this level 6 can be enhanced to a level 3 B-BBEE recognition level that can be obtained without having any black ownership.

All that an entity needs to do is to get the correct advice in this regard.

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