VIEWPOINT: YOUR SWORN AFFIDAVIT MAKE SURE IT’S NOT FALSE
In terms of the amended codes, an exempt micro enterprise (EME) only has to provide a sworn affidavit to substantiate its B-BBEE status, which is an automatic Level 1, 2 or 4 depending on the level of black ownership. This provision has also been extended to qualifying small enterprises with an annual turnover between R10…