"Sorry for the late response Dirk, yes, by virtue of their exemption they count 100% towards procurement spent. The ownership has to be 51% and more to get a level 3 certificate - 110%.The documentation submitted, Declaration, CK and copy…"
Great. As I thought. I was concerned that it was a new requirement which would be tough because the whole point of EME is that they are, just that, exempt. By virtue of their exemption, they are automatically level…"
You are correct: It is not compulsory to have an EME certificate but it does simplify the process. The certificate is valid for 1 year. Every time a client or potential client asks, you will have to provide proof. The certificate…"
It is just this sort of compliance that makes things so tough. I wonder if you could point out the section in the BBBEE Act or the associated codes/statements where is required that EME's need to have a certificate issued by…"
From only R450 the EME Certificate is the easiest and most affordable way to get your business verified. Requirements:Tourism/ICT Industry: Is your annual turnover less than R2.5 million ?Landscape/Architect/Construction Industries: Is your annual turnover less than R1.5 million ?Other Industries: Is your annual turnover less than R5 million ? THEN YOU QUALIFY AS AN EXEMPTED MICRO ENTERPRISE (EME)...no matter what your race.Supporting Documents:Certified Business Registration document (CK /…See More
From only R350, the EME certificate is the easiest and most affordable way to get your business verified. Requirements: Tourism Industry: Is your annual turnover less than R2.5 million ?Landscape/Architect/Construction Industries: Is your annual turnover less than R1.5 million ?Other Industries: Is your annual turnover less than R5 million ? THEN YOU QUALIFY AS AN EXEMPTED MICRO ENTERPRISE (EME)...no matter what your race. FEE: From R350 for Hi-Vest MembersFrom R499.95 for Non Hi-Vest…See More
(Salary R230k-R300k pa) Key Responsibilities:1. Technical solutions development and implementation (technology) in SAP CO module;2. Contribution to ITSM processes; &3. To provide technical solutions which meet strategic and operational objectives of the business. Minimum Experience & Qualification:3 years experience on SAP ConfigurationDegree/ diploma in IT would be advantageousSAP Certification a prerequisiteOil/Gas industry experience an added advantage2 years experience in business…See More
The top line on your Income Statement indicates how much your sales were in a particular period in time.That figure is important to note, as your expenses get deducted from your sales to calculate profit. By saving on expenses you will only be able to increase your profit up to a point. But by increasing your sales there is no limit to where you can grow your business! How do you increase your sales?Selling more to existing clients is definitely an option. But what if your existing clients…See More
I am the founder of HI-VEST, an initiative aimed at supporting SMME's to grow their brand and increase their bottom line. Businesses become Members and receive many benefits and advantages which help them grow.
Where can you be found on the web, Twitter, LinkedIn, etc?