Legal / Contract

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

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

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

All too often BEE (Black Economic Empowerment) is dealt with in one of two extremes, that is to say all or nothing. On the ‘all’ side some procurement departments only consider suppliers who present a specific empowerment score, usually with substantial black ownership. This narrow based approach is clearly out of touch with B-BBEE and