Verifications Services

 

Empowerdex offers the following verification services:

  • Verifications for entities based on the Generic Codes of Good Practice (CoGP) for B-BBEE
  • Verifications for Qualifying Small Enterprises (QSEs) with black ownership below 51%
  • Verifications based on any applicable Sector Code. Empowerdex is accredited to verify all gazetted sector codes; this accreditation is updated as new codes are gazetted.
  • Verification of ownership status for any entity. The same verification process applies; however, the certificate issued will not include the level contribution status for other scorecard elements. These certificates are especially useful to investment companies with turnover below R50 million who need to provide verified ownership details to investee companies.

Black-owned QSEs (with annual turnover under R50 million) and EMEs (Exempted Micro Enterprises, under R10 million) are not required to undergo a full verification but may submit affidavits for procurement purposes. However, please note that affidavits are not sufficient proof for ownership verification.