Understanding the definition of “51% black-owned” under the dti codes (also: Gazetting the Forest Sector Code)
The BEE Commissioner has issued a non-binding Practice Guide, the focus of which is the achievement of the coveted “51% black owned” or “100% black owned” statuses for Qualifying Small Enterprises (QSEs) and Exempted Micro Enterprises (EMEs), which elevates such companies with an annual turnover below R50m to an automatic Level 2 or Level 1 […]