FAQS

1. WHAT IS BROAD-BASED ECONOMIC EMPOWERMENT?

Black Economic Empowerment (BEE) or Broad Based Economic Empowerment is a program initiated by the South African government to remedy the inequalities of the past, thus giving previously disadvantaged groups, which are South African citizens, economic inclusion – previously not available to them.

2. WHAT ARE THE DIFFERENT BEE RATING TYPES?

Exempt Micro Enterprises
Qualifying Micro Enterprises
Generic Enterprises

3. HOW DOES BBBEE WISE BEE RATING VERIFICATION PROCESS WORK?

3.1 A Formal introductory meeting is conducted to ascertain the BBBEE needs of your company.

3.2 An on-site verification of the evidence submitted for each of the elements is checked. Upon successful completion, a BBBEE verification certificate and final report will be issued.

4. IS BBBEE WISE BEE RATINGS SANAS ACCREDITED?

Yes

5. CAN I USE BBBEE WISE BEE RATINGS LOGO?

No – not allowed to use SANAS logo either.

6. CAN I OBTAIN A PDF VERSION OF MY CERTIFICATE TO UPLOAD ON MY WEBSITE?

Yes

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