The Rating Process

The following flow chart describes the verification process. The time duration is approximately 30 days.

CLIENT
 
BBBEE RATING AGENCY
     
 
Glossary of Terms
Black people
A generic term that refers to Africans, Coloureds and Indians who are South African Citizens. Black women, therefore, refer to black people who are women.
Black designated groups
This means black people who are also workers, youth, people with disabilities or people living in rural areas.
NARROW BASED BEE STATUS
Black Enterprise
50.1% black ownership and black management has majority control.
Black Empowered Enterprise
25.1% black ownership and there’s substantial control by black people
Black Influenced Enterprise
5.1% black ownership and there’s tangible influence by black people
Black Engendered Enterprise
25.1% representation of black women within the black equity and management portion
Community or Broad Based Enterprise
Has an empowerment shareholder who represents a broad base of members
BROAD BASED BEE STATUS
Excellent contributor
A score of 80% and above according to the BBBEE scorecard.
Good contributor
A score of between 65% and 79.9% according to the BBBEE scorecard
Satisfactory contributor
A score of between 40% and 64.9% according to the BBBEE scorecard
Limited contributor
A score below 40%.according to the BBBEE scorecard
OPERATIONAL CAPACITY STATUS
Unconstrained Operational Capacity
The entity has full capacity to conduct its entire operations and has insignificant operational reliance on any third party entities
Constrained operational Capacity
The entity relies on independent third party entity to conduct its administration, procurement, logistics, financing or other non-core operations. The reliance does not significantly impact on the entity’s capacity to perform its core operations
Limited Operational Capacity
The entity relies extensively on related or independent third party entities to conduct its core operation. The entity does not have sufficient capacity to deliver its services without certain external support
 
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