B-BBEE Minimum Requirements definition
B-BBEE Minimum Requirements means at least the following level, depending on the turnover of the Supplier, as per the B-BBEE Codes;
1.4.7.1 Level 3 B-BBEE contributor for a Generic Enterprise (turnover of R50 million and above);
1.4.7.2 Level 3 B-BBEE contributor for a Qualifying Small Enterprise (turnover of between R10 million and R50 million); and
1.4.7.3 Level 2 B-BBEE contributor for an Exempted Micro Enterprise (turnover of less than R10 million)