Provided by Business Partners Ltd, South Africa's leading investor in SMEs
The Revised Codes have reduced the Generic Scorecard elements from 7 to 5 by combining Management Control and Employment Equity into one element and doing the same for Preferential Procurement and Enterprise Development. Additionally, a portion of the old Enterprise Development element has been limited to Supplier Development.
While the old codes focus purely on job creation, the new codes place greater emphasis on learning and skills development. This is seen in the fact that bonus points may be awarded to enterprises that have internship or graduate programmes. In the new codes, businesses are also incentivised to conduct business with other compliant enterprises.
The difference between the 2007 BEE Scorecard and the 2013 Scorecard is shown in the table below.
| 2007 B-BBEE Codes | 2013 B-BBEE Codes | ||||
|---|---|---|---|---|---|
| Element | Weighting | Bonus | Element | Weighting | Bonus |
| Ownership | 20 | 3 | Ownership | 25 | |
| Management Control | 10 | 1 | Management Control | 15 | 4 |
| Employment Equity | 15 | 3 | Skills Development | 20 | 5 |
| Skills Development | 15 | Supplier & Enterprise Development | 40 | 4 | |
| Preferential Procurement | 20 | Socio-Economic Development | 5 | ||
| Enterprise Development | 15 | ||||
| Socio-Economic Development | 5 | ||||
| Total | 100 | 7 | 105 | 13 | |
You can download the revised B-BBEE Codes from the Department of Trade and Industry website.
Source: www.bee.co.za
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