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Honeycomb BEE Ratings

BBBEE Certifications

QUALIFYING SMALL ENTERPRISES

Qualifying Small Enterprises are SMEs with annual turnaround of between R10 million and R50 million. QSEs need to comply with all 5 BBBEE elements according to their industry code.

QSE BEE Levels and Scorecard:

  • Qualifying Small Enterprises which 100% black ownership are deemed to be BBBEE Level 1, with 135% procurement recognition. A sworn affidavit must be completed.
  • QSEs with over 51% black ownership qualify for BBBEE Level 2, with a 125% procurement rating. A sworn affidavit must be completed.
  • QSEs with black ownership less than 51% need to be measured according to their industry codes.
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