Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)

Amended AgriBEE Sector Code (2017)

4. Determination of AgriBEE Status

Purchase cart Previous page Return to chapter overview Next page

 

4.1. The BEE status of an Enterprise that falls within the scope of application of the Amended AgriBEE Sector Code will be determined by the Enterprise’s score on the Amended AgriBEE Scorecard. The Amended Scorecard consists of the following five key elements:
(a) Ownership (Equity & Land Ownership);
(b) Management control;
(c) Skills development;
(d) Enterprise and Supplier Development; and
(e) Socio-Economic Development.

 

Amended AgriBEE Scorecard

 

4.2. The Amended AgriBEE Sector Code (Scorecard) enjoys equal status with that of any other code, including the Amended Generic Codes of Good Practice.

 

4.3. Measurement Principles:
(a) A Measured Enterprise’s score for a particular indicator is calculated by dividing the enterprise’s actual contribution (as described by the relevant indicator) by the corresponding target.
(b) The result is multiplied by the corresponding indicator weighting points to obtain a score for that indicator.
(c) Where the enterprise attains a score in excess of the indicator weighting points, the enterprise shall only be entitled to the corresponding weighting points.
(d) The score for an element is the sum of indicator scores under that element.
(e) A Measured Enterprise’s overall BEE score will determine its BEE status and BEE procurement recognition level.

 

BEE Status

Qualification

BEE procurement

recognition level

Level One Contributor

≥ 100 points on a broad-based BEE Scorecard

135%

Level Two Contributor

≥ 95 points but < 100 points on a broad-based BEE Scorecard

125%

Level Three Contributor

≥ 90 points but < 95 points on a broad-based BEE Scorecard

110%

Level Four Contributor

≥ 80 points but < 90 points on a broad-based BEE Scorecard

100%

Level Five Contributor

≥ 75 points but < 80 points on a broad-based BEE Scorecard

80%

Level Six Contributor

≥ 70 points but < 75 points on a broad-based BEE Scorecard

60%

Level Seven Contributor

≥ 55 points but < 70 points on a broad-based BEE Scorecard

50%

Level Eight Contributor

≥ 40 points but < 55 points on a broad-based BEE Scorecard

10%

Non-Compliant

Contributor

≥ 40 points on a broad-based BEE Scorecard

0%

 

 

4.4. The gazetting of an Amended AgriBEE Sector Code for the Agricultural Sector, in terms of section 9(1) of the Act, is evidence of the commitment by all stakeholders to promote Broad-Based Black Economic Empowerment in the Agricultural Sector.