A closer look
BBBEE Verification Process The rating process sets out the basis on which SM BEE RATING AGENCY provides the Broad-Based Black Economic Empowerment rating scorecard report and certificate to the entity based on the dtic’s B-BBEE Codes of Good Practice. Broad-Based Black Economic Empowerment (B-BBEE) rating caters for all sizes of businesses and industries (Sectors). The BEE rating is an in-depth verification process that requires confirmation of specific elements as required by the scorecard that will apply to your company. The B-BBEE Verification is an interactive process that calls for client preparation before the ‘BEE audit’. The verification process includes on-site visits, during which documentation will be checked. Verification is done in line with the dtic’s B-BBEE Verification Methodology as Gazetted on 18 July 2008. This assessment will provide you with an unbiased rating of the overall B-BBEE status of your entity.