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VWFS Promotion of Access to Information ManualLevelGroupFramework ownerInformation OfficeApproving CommitteeBoard Risk CommitteeDate31 March 2021Noting CommitteeManagement Risk CommitteeDate15 March
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How to fill out b-bbee certificate

01
Obtain a copy of the B-BBEE certificate form from the relevant authority or website.
02
Fill in all the required information accurately, including company details, ownership details, and empowerment credentials.
03
Ensure that all supporting documentation is attached, such as proof of ownership and empowerment initiatives.
04
Have the form verified and signed by an accredited verification agency.
05
Submit the completed B-BBEE certificate form to the relevant authority for processing.

Who needs b-bbee certificate?

01
Companies operating in South Africa that wish to do business with government entities or larger corporations.
02
Companies seeking to demonstrate their commitment to economic transformation and empowerment.
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The B-BBEE (Broad-Based Black Economic Empowerment) certificate is a document that measures a company's level of compliance with B-BBEE regulations in South Africa, indicating the company's efforts in promoting black ownership, management, and economic participation.
All companies operating in South Africa that engage in business activities and are required to comply with B-BBEE legislation must file a B-BBEE certificate. This includes both private and public entities.
To fill out a B-BBEE certificate, a company must complete the template provided by the respective verification agency, detailing ownership, management control, skills development, enterprise development, and socio-economic development contributions.
The purpose of the B-BBEE certificate is to promote social and economic transformation in South Africa by encouraging companies to contribute to the empowerment of black individuals through ownership, management representation, and other economic activities.
On the B-BBEE certificate, a company must report information regarding ownership percentages, management control structures, skills development initiatives, contributions to enterprise development, and socio-economic development efforts.
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