Professional Designation:

“Means a title or status conferred by a Professional Body in recognition of a person’s expertise and right to practise in an occupational field” (thus, your ‘license to operate in a specific occupation).

And furthermore, as per the SAQA policy for Professional Bodies, The Policy requires inter alia that for a professional designation to be registered on the NQF it must:

Notes relating to §42.

The IWH PB currently has the following SAQA registered Designations