Definition of Qualifying Enterprise and Supplier Development Contributions

Definition in terms of the B-BBEE Codes of Good Practice of 11th October 2013 (BEE Codes 2013)


Qualifying Enterprise and Supplier Development Contributions

Means a collective term describing Enterprise Development and Supplier Development Contributions targeting EME’s and QSE’s which are at least 51% black owned or at least 30% black woman owned , black youth is rural, and underdeveloped areas in statement 400;


BizAdvance Consulting comments and references:

Relates to the Enterprise and Supplier Development element Statement 400, page 60.

Contributions are measured as a percentage of Net Profit after Tax.

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