Social Economic Development

Socioeconomic development (SED): This is one of the easy targets on the BEE scorecard and we can assist you in getting a third party to assist you with spending the correct amount with a Black Beneficiary to ensure your maximum points.

To get the full 25% BEE points for SED, a QSE company must spend 1% of their current NPAT (Net Profit After Tax) on SED approved projects.

Companies with a turnover of more than R35 million can earn 5% of their BEE points by spending 1% of their NPAT on SED projects.