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

Amended Codes of Good Practice (2018): Youth Employment Service Initiative

Amended Code Series 000: Framework for Measuring Broad-Based Black Empowerment

Statement 000: Youth Employment Service

5. B-BBEE Recognition
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5.1 The table below outlines the numerous levels of B-BBEE Recognition achievable through the Y.E.S initiative, provided the preconditions are met.

 

B-BBEE RECOGNITION

Achieve Y.E.S Target and 2.5% Absorption

Move 1 B-BBEE Recognition Level up on the Scorecard

Achieve 1.5 x Y.E.S Target and 5%% Absorption

Move 1 B-BBEE Recognition Level up on the Scorecard + 3 Bonus Points to the overall Scorecard

Double Y.E.S Target and 5% Absorption

Move 2 B-BBEE Recognition Levels up on the Scorecard