Exemption
Small businesses, generally with a turnover of less than R5m, are considered to be Exempted Micro Enterprises and do not need to be measured against the BEE scorecards as stated above.
However, these businesses are often forced to employ people based on skin colour to avoid discrimination by potential clients, who (if having a turnover larger than R5m) are generally still subject to BEE regulations on choosing business partners, suppliers or service providers.
Read more about this topic: Black Economic Empowerment
Famous quotes containing the word exemption:
“Every member of the family of the future will be a producer of some kind and in some degree. The only one who will have the right of exemption will be the mother ...”
—Ruth C. D. Havens, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 13, by Susan B. Anthony and Ida Husted Harper (1902)
“Extemporaneous speaking should be practised and cultivated. It is the lawyer’s avenue to the public.... And yet there is not a more fatal error to young lawyers than relying too much on speechmaking. If any one, upon his rare powers of speaking, shall claim an exemption from the drudgery of the law, his case is a failure in advance.”
—Abraham Lincoln (1809–1865)
“There is no prejudice so strong as that which arises from a fancied exemption from all prejudice.”
—William Hazlitt (1778–1830)