Generic enterprises have a turnover of greater than R35 Million. Generic Enterprises must apply all seven pillars of BBBEE in order to calculate their score as per the Generic Scorecard.
Qualifying Small Enterprises (QSEs) have a turnover of between R5 Million and R35 Million. QSEs can choose the best four of their seven elements, with each element accounting for 25% of their scorecard out of 100.
Exempted Micro Enterprises (EMEs) are enterprises with a turnover of less than R5 Million. EMEs automatically qualify as 100% contributors towards Preferential Procurement. If they are greater than 50% black owned they Qualify as 110% contributors towards Preferential Procurement.
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Highly skilled and experienced staff, who have access to leading business advice and knowledge. What a professional service, thanks again