Public procurement in South Africa is on the brink of being turned on its head. Johannesburg-based Director, Coach, Consultant and Supply Chain Management Practioner, Shaun Scott, unwraps the legal conundrum that faces all organs of state come January 2023, which must decide for themselves how to implement the new Preferential Procurement Regulations. Over 700 organs …
Under the new Black Economic Empowerment Codes of Good Practice, all points for procurement require that the suppliers are ‘Empowering Suppliers’. In terms of business-to-business procurement, the BEE status level of the business will therefore mean nothing unless it is also an Empowering Supplier. Vivesha Annoop, Compliance Manager for AQRate KZN, provides a quick …
Only empowering suppliers will get you procurement points Read More »
When it became obvious that not all of the sectors with specific scorecards were likely to have gazetted their new amended scorecards by 1 May 2015, the Department of Trade and Industry (dti) issued a notice extending their particular deadline to 30 October 2015. The unintended side effect of this notice has left black-owned companies …
Unwelcome side effects of the DTI’s new B-BBEE codes Read More »
The role of procurement, much like finance, has fundamentally changed in organisations operating in the market today. The subtle, but significant nuances that underpin the changes in legislation and policy relating to Broad-Based Black Economic Empowerment (B-BBEE) and localisation, as captured within the Industrial Policy Action Plan (IPAP 7) and, more recently, the Agricultural …
The role of procurement – Reviewing the latest BEE Codes Read More »
Failing to understand how the revised Broad-Based Black Economic Empowerment Codes of Good Practice (BEE Codes) will affect procurement processes is a significant risk for any organisation’s strategy. On 30 June 2015 the BEE Smart Symposium, hosted by Smart Procurement World, will unpack the new BEE Codes, analyse the economic intent and review the outcomes …
The new BEE Codes are out: the days of business-as-usual are long gone Read More »
BEE is changing. It’s less a box-ticking exercise and much more a strategy focussed on sustainability and real change. Under the New Codes of Good practice SA should experience truly broad-based black economic empowerment, writes Jenni Lawrence of Grant Thornton Verification Services in this month’s SmartProcurement. Since the Broad-Based Black Economic Empowerment (B-BBEE) Act …
The new supplier development (SD) rules bring about changes to what was the norm for many years. While it was easy for companies to finance smaller businesses to earn points on their BEE scorecard without taking real responsibility for developing the supplier, the New Codes force companies to think outside the box and contribute …
Supplier Development: New B-BBEE Codes forcing us to think outside the box Read More »
