A B-BBEE certificate is issued by an accredited verification agency after assessing a business against the full B-BBEE scorecard, confirming its points total and resulting B-BBEE level.
What it means
It's required for businesses above the turnover threshold that would otherwise qualify for a simpler self-certified affidavit, and is typically valid for 12 months before it needs to be reassessed.
Where it fits in
The certificate is what a business presents to customers, tenders and government procurement processes as proof of its B-BBEE level - the level itself is calculated from the underlying scorecard.
Key rules
- Issued by an accredited verification agency, not self-certified.
- Confirms the B-BBEE scorecard rating and resulting level.
- Typically valid for 12 months.
- Required above the turnover threshold for a simpler affidavit.