Insufficient information is one of the biggest hurdles to the implementation of Black Economic Empowerment (BEE) policies and legislation in the workplace, which perpetuates negative attitudes towards BEE, distorts the BEE process, and also devalues those legitimate BEE business owners in the marketplace, Alex Soare of BEESA BoxSmart told SmartProcurement
Implementation of BEE hampered by bad information Read More »
“Governments, policy makers, even the World Bank, all agree that small businesses are the growth engine in any economy. Looking at other countries as an example, 95% of organisations in Australia are from the Small Micro Medium Enterprises sector (SMME), whilst Germany’s economic growth was also led by SMMEs. The same applies to South Africa
SMME Development as a driver of BEE Procurement opportunities and the economy as a whole Read More »
BEESA Consulting and EES-Siyakha hosted their second annual Black Economic Empowerment (BEE) Conference on the 11th, 12th and 13th of November 2008 at the Birchwood Hotel and OR Tambo Conference Centre in Johannesburg. More than 80 delegates from both the private and public sectors attended the event in order to get to grips with the
2008 Annual BEE Conference: BEE Procurement decreases by 20% Read More »
The board of the Association of BEE Verification Agencies (ABVA), an independent national membership organisation established to lead the black economic empowerment (B-BBEE) verification industry, has the pleasure to announce Andile Tlhoaéle, as the new Chairperson of ABVA. Andile Tlhoaéle is the Group CEO of Inforcomm Limited and Director of Coral-I Solutions. He is also
Andile Tlhoaéle elected as Chairperson of ABVA Read More »
Time to recalculate your scorecard! In a landmark decision, the Pretoria High Court has ruled that South Africans of Chinese descent qualify for the full benefits of the country’s Black Economic Empowerment (BEE) and Employment Equity (EE) legislation. The Pretoria High Court found in favour of an application by the Chinese Association of South
Chinese South Africans now Black – What impact will this have on your BBBEE Score? Read More »
As the recognised industry body for the BEE Verification Industry, ABVA (the Association of BEE Verification Agencies) has provided companies with the following information in regards to what they can expect from their chosen Verification Agency (VA) during the verification process. The criteria and expectations as expressed here are part of the ABVA Member Code
What Procurement Professionals are to Expect from the BEE Verification Process Read More »
"No government department has ever asked for a Broad Based BEE certificate, and it may be some time before they do" Wade van Rooyen of Iquad Verification Services tells SmartProcurement. . The answer to the question of why government has not asked for certificates is based on conflicting legislation which may have a serious impact
BBBEE Compliance vs Government Procurement Practices – a Contradiction in terms? Read More »
“In an environment where no verification agency has been accredited by government, which verification agencies certificates are valid? When are self assessments applicable? What are the risks to investing resources into an unaccredited process, and what are the risks of doing nothing until accreditation is issued? Wade van Rooyen of IQuad Verification Service tells SmartProcurement that..
BEE Verification certificates vs Self Assessments… which is valid? What are the risks? Read More »
Obtaining BBBEE procurement recognition for your organization is usually not a simple exercise. The task can be daunting even for the most pro-active procurement officers. Wade van Rooyen of IQuad Verification Services shares 7 excellent tips for quickly achieving BEE targets. 1. More than 20% of suppliers may be irrelevant “Not surprisingly, Pareto’s principle also
7 Tips for achieving BBBEE compliance quickly Read More »
It’s Friday noon hour and you’re about to leave for a supplier meeting when the CPO buzzes and says that the FD just flew in from HQ and urgently ( for their impromptu Board Meeting at 14h00) requires your Commodity Report on your total BEE Spend: – for the past 6 months; – broken down
Seamless reporting on your monthly/ quarterly/ annual BBBEE spend now available Read More »
