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There are five B-BBEE elements that make up the generic scorecard, with each element having a certain number of points assigned to it. An entity is measured against each element and their total across all elements will determine their B-BBEE status level.

The highest status level for B-BBEE is Level 1, which is 100 points or more, and the lowest is Level 8, where the entity achieves between 40 – 55 points. There is also a non-compliant level, where the entity gets less than 40 points.

OWNERSHIP

  • This is a priority element
  • Its weighting on the scorecard is 25 points
  • A sub-minimum of 40% of net value must be reached

Ownership refers to the percentage of ownership interests (voting rights, shareholding, etc.) which are held by black people in general and black women specifically.

MANAGEMENT CONTROL

  • Its weighting on the scorecard is 15 points (plus 4 bonus points)

Management Control relates to the proportion of black people who can impact the direction of a business, such as a board member or a person holding a senior management position.

SKILLS DEVELOPMENT

  • This is a priority element
  • Its weighting on the scorecard is 20 points (plus 5 bonus points)
  • A sub-minimum of 40% must be scored overall

Skills Development measures the investment an entity makes in the training and development of their black employees.

ENTERPRISE AND SUPPLIER DEVELOPMENT

  • This is a priority element
  • Its weighting on the scorecard is 40 points (plus 4 bonus points)
  • A 40% sub-minimum must be scored under each sub-category (Preferential Procurement, Supplier Development, and Enterprise Development)

This element is the largest on the scorecard and measures an entity’s involvement in supporting, developing and growing black-owned businesses and black-owned suppliers in their supply chain.

SOCIO-ECONOMIC DEVELOPMENT

  • Its weighting on the scorecard is 5 points

This relates to the extent to which an entity carries out corporate social investment efforts, to uplift black individuals and communities. The agri sector is the only exception, where a 1.5% contribution of net profit after tax will gain an entity 15 points.