BEE Archives - Page 6 of 11 - Smart Procurement

Ramaphosa launches Blackpages supplier development portal

Leave a Comment / BEE, Enterprise Development, Supplier Directories, Supplier Management / Editor

The Shanduka Blackpages enterprise and supplier development portal was launched in May by Shanduka Group Chairman Cyril Ramaphosa. The online platform links procurement managers to 100% black-owned companies and is a reliable solution for companies that want to bring black businesses into their supply chains. It also provides opportunities for small businesses to develop […]

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Facilitating SME’s relationships with procurement promotes meaningful SC transformation

Leave a Comment / BEE, Enterprise Development, Supplier Management, Supply Chain Management SCM / Editor

To actively make an SME opportunity possible in the corporate sector and ensure meaningful supply chain transformation, it is imperative to facilitate SME relationships with procurement – as the opportunity-holder – from the outset. This should be done by means of one’s enterprise development initiative, says Shawn Theunissen, head of CSR at Growthpoint Properties and

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How many points might your organisation lose under BBBEE draft codes?

Leave a Comment / BEE, Compliance / Legal, Legal / Contract / Editor

The buzz in the procurement and supply chain industry for 2013 definitely has to be the revision of the codes of good practice published by Trade and Industry Minister Rob Davies on 27 Sep 2012. These codes ensure that the principle of black ownership reclaims its position on the Broad-Based BEE scorecard. In 2007, the

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Has the DTI gone too far on Preferential Procurement?

Leave a Comment / BEE, Compliance / Legal, Preferential Procurement / Editor

The proposed changes to the B-BBEE codes of good practice have left the procurement fraternity hanging in the balance, says Seth Randall, Executive at Mpowered Business Solutions, in this months’s SmartProcurement. The Department of Trade and Industry’s (DTI) proposed revisions to the B-BBEE codes of good practice were released in October 2012. To the almost universal

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Lack of consistency and monitoring will nullify B-BBEE

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The newly gazetted Revised Codes of Good Practice need consistency more than anything else, says Keith Levenstein, CEO of B-BBEE advisory company EconoBEE. Of concern is that there are differing interpretations of the codes, and how to earn points, says Levenstein. In some cases the codes are slightly unclear, but in others they are clear

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Revised B-BBEE codes open for public comment

Leave a Comment / BEE, Preferential Procurement / Editor

The revised broad-based black economic-empowerment (B-BBEE) codes of good practice have been opened for comment for a 60-day period, the Department of Trade and Industry (DTI) said yesterday. BEE remained an imperative in South Africa, said Minister Rob Davies speaking at the launch of the revised B-BBEE codes. “It is not just a social or

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Reducing risk in sourcing quality SMEs

Leave a Comment / BEE, Enterprise Development / Editor

Corporate supply chain managers often argue that incorporating smaller firms into their supply chains tends to be costlier than working with larger suppliers. Furthermore, smaller companies are often perceived as having a higher risk profile. While this is perception, it is unfortunately based, to a degree, on fact: meaningful progress has yet to be seen

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Revised B-BBEE codes approved for public comment

Leave a Comment / BEE, Preferential Procurement / Editor

Cabinet approved the revised Broad-Based Black Economic Empowerment (B-BBEE) Codes of Good Practice, 2012 for public comment in August. “The revised codes will enhance the implementation of B-BBEE in a meaningful and sustainable manner. The revised codes also contain principles and guidelines that will facilitate and accelerate the implementation of B-BBEE.” “The purpose of the

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Income tax act offers some BBBEE compliance relief

Leave a Comment / BEE, Enterprise Development, Preferential Procurement, Supplier Management / Editor

BBBEE has also become a business imperative, and with the updating of the Codes of Good Practice currently underway, is likely to remain so for the foreseeable future. While no tax incentives or legislation have been enacted to specifically provide relief for BBBEE compliance, various sections of the Income Tax Act can, actually, offer some

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Implications of government entities not complying with revised PPPFA

Leave a Comment / BEE, Commentary, Preferential Procurement / Editor

The new PPPFA regulations became effective from 7 December 2011. Lucille Jansen van Vuuren of Volition Consulting Services outlines the implications if government entities do not comply with the amendments, in this month’s SmartProcurement. “In addition to an adverse Audit General Report, non-compliance with the PPPFA regulations as amended may result in expenditure to be

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