1 x B-BBEE
level up
Achieve YES Target
Absorb 2,5% of your YES Youth
1 x B-BBEE level up
+ 3 points
Achieve 1.5 times YES Target
Absorb 5% of your YES Youth
2 x B-BBEE
levels up
Double YES Target
Absorb 5% of your YES Youth
Let YES be your best B-BBEE Booster
Check that you qualify for the YES Initiative
For Generic Entities
Total revenue: >R50M
50%
average across the 3 priority elements
OR
40%
sub-minimum in 3 priority elements
* This means that Even with limited or no Black Ownership, you can qualify for a YES Level Up.
* Public/Specialised entities no subminimum
For Qualifying Small Entities
Total revenue: R10M-R50M
40%
in two of the 3 priority elements, with Ownership (Net Value) being one of the two elements
OR
40%
average across 2 priority elements with ownership being one
For Exempted Micro Enterprises
Total revenue: <R10M
EMEs with an annual Total Revenue below R10 Million per annum, have no sub-minimum eligibility requirements.
For Transport Sector
No subminimum eligibility requirements
YES Measured Entities need to maintain the previous B-BBEE status level obtained before participating under the YES initiative – The B-BBEE status level that needs to be maintained or improved upon is the B-BBEE status level obtained in the first year of participating under the YES initiative before YES B-BBEE.
Priority Elements = Ownership, Skills Development and Enterprise and Supplier Development (ESD)
DO YOU QUALIFY FOR THE YES INITIATIVE?
Even with limited or no Black Ownership, you can qualify for a YES Level Up. Multinationals and family-owned businesses with no Black Ownership can make up for it with higher ESD and Skills points and participate meaningfully in B-BBEE.
- Have a powerful B-BBEE impact and an impressive scorecard. All you need is to meet the sub-minimum. For Generic Entities with a total revenue of more than R50 million, a 50% average is required across all three priority elements or a 40% sub-minimum in three priority elements.
- Qualifying Small Entities (QSEs) with a total revenue of R10 million – R50 million, will require 40% in two of three priority elements, with Ownership being one of the two elements. Alternatively,
- QSEs will need a 40% average across two priority elements with Ownership being one of them.
- For Exempted Micro Enterprises with total revenue of less than R10 million, no sub-minimum eligibility is required.
- You can receive the YES B-BBEE benefits almost immediately. The dtic has offered leniency to businesses that are in their first year of participation in the programme at verification of B-BBEE
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- Businesses that are hosting or sponsoring YES Youth who have not yet completed eight months of their 12-month quality work experience are still able to qualify and level up, but Youth can work until their 12 months are up and then be absorbed. Only a 2,5% absorption rate is required to move one level up, while 5% will apply to move two levels up. Other details and terms are applicable.
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Click here to download the Practice Note and Government Gazette for full details
Interested in the B-BBEE benefit?
Use the calculator below
YES Calculation Results
Based on your information supplied, ACME (Pty) Ltd will need to create 1000 employment opportunties.
Below are the B-BBEE benefits your company can gain by committing to the above target.
Create Job(s) and Move up
1 B-BBEE Level
Create Jobs and Move up
1 B-BBEE Level * 3 Scorecard Points
Create Jobs and Move up
2 B-BBEE Levels
As per the draft Gazette an absorbtion of 2.5% for the first target and 5% for the second and third target is required, please review our response to the Gazette below for more information
