Amended BEE CoGP 2013
The Department of Trade and Industry published the amended B-BBEE Codes of Good Practice on the 11th of October 2013, effective the 1st of May 2015. Specifically for the calculations for Management Control and Skills Development, refer to Government Gazette no.38765.
A generic entity with an annual turnover of more than R50 million per annum is measured against the Generic BEE Scorecard as gazetted in October 2013.
For the 2013 BEE CoGP, Generic entities are required to use all 5 elements on the amended BEE Scorecard:
- Management Control
- Skills Development
- Enterprise and Supplier Development
- Socio-Economic Development
Generic entities are required to qualify under one of the following criteria in order to receive a Generic certificate;
- At least 25% of costs of sales excluding labour costs and depreciation must be procured from local producers or local supplier in SA (for service industry labour cost are included but capped to 15%)
- 50% of jobs created are for Black people provided that the number of black employees since the immediate prior verified B-BBEE measurement is maintained.
- At least 25% transformation of raw material/beneficiation which include local manufacturing, production and/or assembly, and/or packaging.
- At least spend 12 days per annum of productivity deployed in assisting black EME's and QSE's beneficiaries to increase their operation or financial capacity.
- At least 85% of labour costs should be paid to South African employees by service industry entities.
Note: if a Generic is not an Empowering Supplier, their suppliers will not be able to claim expenditure spent with them under Preferential Procurement, when getting verified.