- Base and Mattress 90% Water Heater Components 70% and telecom cables 100% RE-ORIENTATION OF B-BBEE Good Governance Economic Growth and Development Operational Excellence Competitiveness Inclusive Growth Productivity & Industrialisation AMENDED B-BBEE RECOGNITION LEVELS The following table represents the B-BBEE recognition level for each level of contribution towards the B-BBEE scorecard. Should businesses fail to meet requirements they will be discounted by 1 level as a penalty. This now pushes Big businesses to drive Enterprise and Supplier development or else face being discounted. B-BBEE Status Current New Qualification B-BBEE Qualification recognition level Level One points on the points on the 135% ≥100 ≥100 Contributor Generic Scorecard Generic Scorecard Level Two but <100 but <100 125% ≥85 ≥95 Contributor points on the points on the Generic Scorecard Generic Scorecard Level Three but <85 on the but <95 on the 110% ≥75 ≥90 Contributor Generic Scorecard Generic Scorecard Four but <75 on the but <90 on the 100% ≥65 ≥80 Contributor Generic Scorecard Generic Scorecard Five but <65 on the but <80 on the 80% ≥55 ≥75 Contributor Generic Scorecard Generic Scorecard Level Six but <55 on the but <75 on the 60% ≥45 ≥70 Contributor Generic Scorecard Generic Scorecard Level Seven but <45 on the but <70 on the 50% ≥40 ≥55 Contributor Generic Scorecard Generic Scorecard Level Eight but <40 on the but <55 on the 10% ≥30 ≥40 Contributor Generic Scorecard Generic Scorecard Non-Compliant <30 on the Generic <40 on the Generic 0% Contributor Scorecard Scorecard ONS POSED BY SENIOR COLLEAGUES: a) What is your understanding and what do you of the topic? b) How do you think it will contribute to industry/retail sector? c) How do you think it will promote economic growth?
- Base and Mattress 90% Water Heater Components 70% and telecom cables 100% RE-ORIENTATION OF B-BBEE Good Governance Economic Growth and Development Operational Excellence Competitiveness Inclusive Growth Productivity & Industrialisation AMENDED B-BBEE RECOGNITION LEVELS The following table represents the B-BBEE recognition level for each level of contribution towards the B-BBEE scorecard. Should businesses fail to meet requirements they will be discounted by 1 level as a penalty. This now pushes Big businesses to drive Enterprise and Supplier development or else face being discounted. B-BBEE Status Current Qualification New Qualification B-BBEE recognition level Level One Contributor ≥100 points on the Generic Scorecard ≥100 points on the Generic Scorecard 135% Level Two Contributor ≥85 but <100 points on the Generic Scorecard ≥95 but <100 points on the Generic Scorecard 125% Level Three Contributor ≥75 but <85 on the Generic Scorecard ≥90 but <95 on the Generic Scorecard 110% Four Contributor ≥65 but <75 on the Generic Scorecard ≥80 but <90 on the Generic Scorecard 100% Five Contributor ≥55 but <65 on the Generic Scorecard ≥75 but <80 on the Generic Scorecard 80% Level Six Contributor ≥45 but <55 on the Generic Scorecard ≥70 but <75 on the Generic Scorecard 60% Level Seven Contributor ≥40 but <45 on the Generic Scorecard ≥55 but <70 on the Generic Scorecard 50% Level Eight Contributor ≥30 but <40 on the Generic Scorecard ≥40 but <55 on the Generic Scorecard 10% Non-Compliant Contributor <30 on the Generic Scorecard <40 on the Generic Scorecard 0% ONS POSED BY SENIOR COLLEAGUES: a) What is your understanding and what do you of the topic? b) How do you think it will contribute to industry/retail sector? c) How do you think it will promote economic growth?
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