B-BBEE: FIVE SCORECARD STATEMENTS TO BE AMENDED, WITH DEFINITIONS & INTERPRETATIONS

In terms of the 2003 Broad-based Black Economic Empowerment (B-BBEE) Act, as amended in 2013, the Department of Trade, Industry & Competition has gazetted notices calling for input by 30 March 2026 on proposed changes to five scorecard code statements – along with the schedule of related interpretations and definitions.

Once finalised and in force, the revised statements will:

  • provide for the proposed transformation fund’s B-BBEE recognition under the scorecard’s enterprise and supplier development element, and
  • adjust scorecard weighting points accordingly.

At the time of writing, the department had yet to issue a media statement on the amendments envisaged – or their practical implications for what are expected to be the revamped transformation fund proposals to which they have been linked in media reports.

  • draft amended statement 000 (B-BBEE measurement framework: general principles and generic scorecard)
  • draft amended statement 004 (B-BBEE measurement framework: scorecards for specialised enterprises)
  • draft amended statement 103 (ownership: recognition of equity equivalents for multinationals)
  • draft amended statement 400 (general principles for measuring enterprise and supplier development)
  • draft amended statement 600 (framework for qualifying small enterprises)
  • draft amended Schedule 1 [revised interpretation and definitions, as informed by the Act’s amended sub-section 9(1) (codes of good practice)]
  • revised Schedule 1 in place since May 2019
  • codes in place since March 2015 (with addtional empowering supplier criterion)
  • Act, as amended in 2013 (SAFLII)
  • March 2025 transformation fund draft concept document
  • Minister Parks Tau’s June 2025 article on the proposed transformation fund (SAnews)
  • Bloomberg article linking draft amended statements to transformation fund proposals (Moneyweb)

Published by SA Legal Academy Policy Watch

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