BEE

Detailed 60 000 BEE SUPPLIER and verification information available electronically

In the recent past Supplier Directory’s matched the procurement departments enquiry with the required goods or services and ranked the supplier(s) according to region, reputation and such like criteria. The BBBEE Codes of Good Practice, as issued by the Department of Trade and Industry and, gazetted in February this year, changed all that. Detailed Supplier […]

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Updated: Generous BEE compliancy allowances for Small Business

With the release of the final BEE Codes of Good practice=, the government has listened to small and medium business concerns about their difficulty in becoming compliant Johan Giliomee of NERA tells Smart Procurement. “Their biggest complaint has been that they do not always have the resources and money to become compliant and that a

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Outsourced BEE compliance services pinpoint supplier development requirements for increased Procurement Score.

“With the Codes of Good Practice on Broad-Based Black Economic Empowerment (the Codes) approved and about to be gazetted, the BEE verification industry is moving towards much stricter regulation. Already there has been a substantial reduction in the number of businesses offering verification services now published in the Association of BEE Verification Agencies’ website (www.abva.co.za).”

Outsourced BEE compliance services pinpoint supplier development requirements for increased Procurement Score. Read More »

Supplier BEE Self Assessment – Will verification be done away with?

At the time of publication, the South African cabinet had (AT LAST!) approved the final revised form of the Codes of Good Practice on Black Economic Empowerment (the Codes). Whilst going through a number of incarnations, periods of public commentary and reviews, the final form still holds the potential to yield its fair share of

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BEE procurement compliance “Bureau” service launched

Does your company buy from non-BEE suppliers when a BEE supplier could have been used? Cape Town based CCI-Growthcon have developed an innovative approach to ensure maximum utilisation of BEE suppliers based on their description based spend analysis software – available monthly on a bureau basis. According to Marc Silberbauer of CCI-Growthcon “On a monthly

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Current procurement systems and practices will fail BEE verification requirements.

The South African economy in all its diversity, presents BEE Verification Agencies with a reality that differs substantially from the corporate standard envisioned by the authors of the BBBEE Codes of Good Practice. “This is not to say that Verification is critically affected, or that adherence to the codes becomes impossible, but rather that both

Current procurement systems and practices will fail BEE verification requirements. Read More »

New BEE “pop-up ” tool launched

Local e-Procurement platform provider MWEB CommerceZone has launched an innovatove solution that makes the arduous task of implementing and driving preferential procurement easier and faster. The company developed a “BEE pop-up tool” within its hosted e-Procurement platform. “This gives individuals placing an order “at-a-glance” insight into the precise BEE status of every sourced supplier, making

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Measuring suppliers on ownership can result in no verified BEE points at all!

Increasingly companies, even those that have not had their BEE positions verified, are instituting systems to track their BEE procurement spend. The reasons for this being pretty obvious, procurement accounts for 20 points (out of 100) of a company’s BEE score. There is however a disconnect between the data procurement departments are preparing and what

Measuring suppliers on ownership can result in no verified BEE points at all! Read More »

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