Section 3.7, under Statement 400 of the Amended General B-BBEE Codes of Good Practice, allows an active Enterprise or Supplier Development Beneficiary that is an EME or QSE, which is at least 51% Black Owned, to continue as a Beneficiary when their annual turnover increases to elevate them to the Large Enterprise threshold. However, it is critical to note that an organisation may not support a Large Enterprise as an Enterprise or Supplier Development Beneficiary unless there was previous support for the Beneficiary when they were a QSE or EME.
Notwithstanding, such recognition for those measured under the Amended General B-BBEE Codes of Good Practice is for five years only from the first instance assistance was provided.
Enterprise & Supplier Development Services are available to guide members on the implementation of sustainable ESD Strategies.