SMME definition

SMME means small, medium and micro enterprises namely Exempted Micro Enterprises and Qualifying Small Enterprises

SMME s means small, medium and micro enterprises in the supply chain management system of the Municipality;

SMME means small, medium and micro enterprise;

Examples of SMME in a sentence

• The affidavit provides vital information required to evaluate a tender e.g. the SMME/ HDI status of a firm may be ascertained from the information provided.

• In accordance with government policy, ATNS insists that the Bidders demonstrates its commitment and track record to Black Economic Empowerment in the areas of ownership (shareholding), skills transfer, employment equity and procurement practices, (SMME Development) etc.

• It remains the responsibility of the registered supplier/service provider to inform the Department immediately in writing of any change of address, banking details, telephone and facsimile numbers and, in particular, of any changes in respect of the equity ownership by historically disadvantaged individuals (HDI Status) and the small / medium / micro enterprise (SMME) status of the business.

• Growth linked transformation needs to provide for the expansion of the country’s limited plantation resource, increased productivity, value-adding and SMME development in making B-BBEE work for the poor.

• Through local beneficiation, in terms of small, medium and micro enterprise (SMME) and entrepreneurial support, the JDA aims to increase the number of local emerging contractors used in capital projects carried out in the various communities, as well as the number of local construction jobs created.

More Definitions of SMME

SMME means small, medium, and micro enterprises as defined in the National Small Business Act, Act No. 102 of 1996. The Act classifies small businesses according to size, and in descending order as medium, small, very small or micro enterprises.

SMME means a small enterprise defined in section 1 of the National Small Enterprise Act, 1996 (Act No. 102 of 1996);

SMME means Small Micro and Medium Enterprises, as defined by each State Party in its relevant legislation as qualifying for such status;

SMME means a small, medium or micro enterprise as defined in the National Small Business Act 102 of 1996;

SMME s” means separate and distinct business entities, including co-operative enterprise and NGOs, managed by one or more owner, as defined as micro enterprises in the National Small Business Act (Act No. 102 of 1996);

SMME means Small, Medium and Micro Enterprise as defined in part C3 Scope of Work.

SMME means Small Micro Medium Enterprises Entities with a turnover of less than R10M "Wholly Black Owned" Means: 100% black ownership and at least 30% of theownership must be women and/or designated groups. "Youth" means:Black people who are youth as defined in the National Youth Commission Act of 1996. "100% Black Owned" Means : 100% black ownership made up by any combinationof black owners