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The document is a sworn affidavit by Goldman Lester Mark, Director of the Water Institute of Southern Africa (WISA), declaring the enterprise's compliance with the Broad-Based Black Economic Empowerment (B-BBEE) Act. It states that WISA has 82% Black beneficiaries, 55% of whom are Black females, and no beneficiaries from designated groups. The affidavit confirms the enterprise's annual revenue is R10,000,000 or less and outlines its B-BBEE level contributor status.

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What is a micro enterprise in South Africa?

** - The size of a business in South Africa is chiefly defined by its number of employees: Micro: 0 to 4 employees; Very small: 5 to 9 employees; Small: 10 to 49 employees; Medium: 50 to 200 employees.

Who qualifies for a B-BBEE affidavit?

Who can use a B-BBEE Sworn Affidavit? Any company that is exempt from B-BBEE compliance because their turnover is less than R10 million per annum. Typically start-ups and Exempt Micro Enterprises (EMEs) and Qualifying Small Enterprises (QSEs).

How do I get my B-BBEE sworn affidavit?

How do I get a B-BBEE Sworn Affidavit? You can simply download the template from the CIPC or the dtic websites. Then, a Commissioner of Oath will sign it with your business details.

Can I download an affidavit?

A blank SAPS affidavit template can be downloaded below, filled in and stamped at any police station. The form can also be obtained from the police station and completed by hand.

What is the meaning of Bbbee certificate?

What is a B-BBEE certificate? A BEE Certificate, also known as a Broad-Based Black Economic Empowerment Certificate, is a document issued in South Africa to assess and verify a businesss level of compliance with the countrys Broad-Based Black Economic Empowerment (B-BBEE) Act.

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How do I get a sworn affidavit in South Africa?

An affidavit can be made at any police station where you will be given a form to use.

What is a B-BBEE exempted micro enterprise?

WHAT IS AN EXEMPTED MICRO ENTERPRISE? As a general rule, businesses with an annual turnover lower than R10 million qualifies as Exempted Micro Enterprises (EME). This means that a small business does not have to conduct a full BEE verification in order to achieve a BEE level.

What is the difference between SME and EME?

The Codes define two types (categories) of SMMEs, namely: Qualifying Small Enterprises (QSEs): Enterprises with an annual revenue of between R10 and R50 million. Exempted Micro Enterprises (EMEs): Enterprises with an annual revenue of below R10 million.

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