Just Grace &
B-BBEE

OUR APPROACH

Just Grace has a variety of ways in which a firm can obtain points towards its B-BBEE scorecard.

Many organisations believe that only Socio-Economic Development points can be obtained by supporting NGOs/NPOs.

This is not correct – there are in a fact a number of ways in which an entity can achieve their B-BBEE points and contribute to an NGO/NPO at the same time.

We, therefore, encourage you to explore these opportunities and join us in our mission of uplifting the community of Langa.

Overview

We have included a broad overview of the opportunities.
A more detailed overview of each element is then given in the annexures that follow.

Ownership

By granting Just Grace equity in your business, you will attract 25 points (QSE) and 25 points (Generic).

A QSE or EME which is at least 51% Black-owned qualifies for Level 2 B-BBEE recognition level.

A QSE or EME which is 100% Black-owned qualifies for Level 1 B-BBEE recognition level.

Skills Development

You are able to contribute financially towards:
– Salaries and wages of interns at Just Grace
– Informal training to be provided to your staff
– Bursaries for deserving and academically gifted Just Grace learners

There are 25 points are available for a QSE and 20 points for a generic entity.

Click for Breakdown of Skills Development (Generic Scorecard)

Points available	Description	Target Compliance	Just Grace Opportunity
8 points	Skills development of black people as a % of leviable amount.	6% of leviable payroll	1) Full leviable amount can be granted to Just Grace to fund interns as part of their NQF-rated studies. 2) Full leviable amount can be granted to Just Grace to fund bursaries. 3) 15% of leviable amount can be granted to Just Grace for on-the-job training.
4 points	No. of black people in internships/apprenticeships/learnerships / total employees.	2.5% of total employees	No. of people funded per (1) above.
4 points	No. of unemployed black people in training / total employees.	2.5% of total employees	No. of unemployed people funded per above.
5 points	No. of black people absorbed.	100%
Explanation
Opportunity	Limit	Description
1 & 2	Skills Development Expenditure (no limit)	Includes bursaries as well as salaries and wages for internships (Category B, C and D).
3	Skills Development Expenditure (limited)	Informal G and F limited to 15% of total value of skills development expenditure.
3	Skills Development Expenditure (limited)	Training costs (accommodation etc) cannot exceed 15% of the total value of skills development expenditure.
Other Benefits
Employment Tax Incentive (ETI)	May claim R1 000 per young person employed against PAYE bill.	Must be 18-29 and paid between R2 000 – R6 000, and at least minimum wage.

Important Reminders:

1) Skills Development is a priority element and there is a sub-minimum to be achieved of 40% of the targets set out in the Revised BEE Scorecard. Should a company not achieve the sub-minimum target, its BEE status level will be discounted by one level down.

2) You must submit a Workplace Skills Plan, Annual Training Report and Pivotal Report which are SETA approved.

3) You must implement a priority skills programme generally, and more specifically for black people.

4) You must take into account EAP targets.

Click for Breakdown of Skills Development (QSE Scorecard)

Points available	Description	Target Compliance	Just Grace Opportunity
15 points	Skills development of black people as a % of leviable amount.	3% of leviable payroll	1) Full leviable amount can be granted to Just Grace to fund interns as part of their NQF-rated studies. 2) Full leviable amount can be granted to Just Grace to fund bursaries. 3) 15% of leviable amount can be granted to Just Grace for on-the-job training.
7 points	Skills development of black females as a % of the leviable amount.	1% of leviable payroll	4) Full leviable amount can be granted to Just Grace to fund interns as part of their NQF-rated studies. 5) Full leviable amount can be granted to Just Grace to fund bursaries. 6) 15% of leviable amount can be granted to Just Grace for on-the-job training.
5 points	No. of black people absorbed	100%
Explanation
Opportunity	Limit	Description
1 & 2	Skills Development Expenditure (no limit)	Includes bursaries as well as salaries and wages for internships (Category B, C and D).
3	Skills Development Expenditure (limited)	Informal G and F limited to 15% of total value of skills development expenditure.
3	Skills Development Expenditure (limited)	Training costs (accommodation etc) cannot exceed 15% of the total value of skills development expenditure.
Other Benefits
Employment Tax Incentive (ETI)	May claim R1 000 per young person employed against PAYE bill.	Must be 18-29 and paid between R2 000 – R6 000, and at least minimum wage.

Important Reminders:

1) There is a sub-minimum to be achieved of 40% of the targets set out in the Revised BEE Scorecard. Should a company not achieve the sub-minimum target, its BEE status level will be discounted by one level down.

2) You must submit a Workplace Skills Plan, Annual Training Report and Pivotal Report which are SETA approved (unless exempt from the 1% levy).

3) You must implement a priority skills programme generally, and more specifically for black people.

Enterprise and Supplier Development

Target: 1% of NPAT

40 points are available (QSE) and 40 (Generic)

To Just Grace NPC:

You are able to provide funding for Just Grace Ventures to mentor black-owned business in Langa Township. This would be claimable as preferential procurement and enterprise development.

To Just Grace (Pty) Ltd

You are able to provide:
– Goods and Services (IT services, professional or consulting services etc.)
– Interest-free loans
– Equity to Just Grace
– Grant contributions

Click for Breakdown of Enterprise and Supplier Development (Generic & QSE Scorecards)

Points available	Description	Target compliance	Just Grace Opportunity
5 points	Annual value of Enterprise Development Contributions and Sector Specific Programmes made by the Measured Entity as a percentage of the target	1% of NPAT	Per clause 9.1.23 Enterprise and Supplier Development Contributions include: Payments made by the Measured Entity to suitably qualified and experienced third parties to perform Enterprise and Supplier Development on the Measured Entity’s behalf. This means that an entity may contribute towards Just Grace’s enterprise and supplier development programme (our Entrepreneurship and Small Business Support Hub) in order to achieve these points. Per clause Annexe 400(B), the Benefit Factor Matrix, 100% of Grant Contributions may be claimed as an Enterprise and Supplier Development Contribution.
Partnership opportunities
Partnership opportunities	Just Grace is looking to start a (Pty) Ltd company that would be classified as an empowering supplier and a beneficiary entity.	This would allow entities to support Just Grace (Pty) Ltd through their B-BBEE ESD spend. This would provide much needed services to Just Grace NPC (transport, food, stationery) and at the same time uplift the beneficiary owners of Just Grace (Pty Ltd.	If you would like to explore this partnership, please contact us for more information.

Socio-Economic Development

Target: 1% of NPAT

Contributions to Just Grace will be fully claimable as Just Grace has beneficiaries that are greater than 75% black.

We ask that you would contact us should you wish to explore the possibility of Just Grace forming part of
your B-BBEE strategy. In this way, we can work together to see the most efficient and effective way for us to partner together in this regard.

CONTACT US

Cell:

+27 79 043 8932
Email:

contact@justgrace.co.za

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Just Grace & B-BBEE