Under Statement 400 of the Amended General B-BBEE Codes of Good Practice, clause 3.9 indicates how to recognise the spend of at least 51% Black Owned or at least 51% Black Women Owned Suppliers.
Clause 3.9 states the following:
3.9 B-BBEE Procurement Spend from Generic Entity Suppliers which are at least 51% Black Owned or at least 51% Black Women Owned utilizing the flow through principle can be recognized under Point Indicator 2.1.2 and 2.1.3 of the Enterprise and Supplier Development Scorecard. However, this is based on the provision that at the first instance of procuring goods and services, it was identified that such suppliers were EMEs or QSEs. This recognition for Generic Entities under Point Indicator 2.1.2 and 2.1.3 will only be allowed for 5 years from the first time of procuring goods and services from such suppliers.
Enterprise & Supplier Development Services are available to assist Members with understanding these requirements.