CEO Interviews

Excerpt

The Revised Codes of Good Practice (RCoGP) have set off alarm bells for many SMEs which are concerned about the impact that these codes will have on their businesses, most notably the controversial compulsory minimum ownership score. In terms of ratings, the Exempt Micro Enterprise (EME) will receive an instant Level 1 status for 100% black ownership, Level 2 for 51% and Level 4 for all others. The Qualifying Small Enterprise (QSE) requires significantly more changes, as ownership is just one element out of five against which they are judged.

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