| "We are a BEE company" |
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| Thursday, 19 October 2006 00:00 | |
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I'm seeing a lot of companies advertising they are a "BEE company". The press in particular describe certain companies as "BEE companies". Clients tell me some of their purchases are from "BEE companies" I presume that if a company calls itself a BEE company, they are more than 50% black owned. These definitions do not help with regards to the BEE scorecard. I do not want to know that my supplier is a BEE Company - I want his BEE compliancy level. It certainly helps their scorecard if a company is 50.1% black owned, but we need more information in order to work out their true score. My irritation stems from the fact that many companies who say they are a BEE company feel they need not give a scorecard, and simply expect me, and my clients to accept this claim. When we calculate our procurement score, we need to know the BEE level of the supplier. On a positive note I've begun noticing that some companies are saying "We are a level 5 contributorcompany, which qualifies us for a BEE procurement recognition level of 80%. We hope to reach a level 4 (100% procurement recognition level) by the end of 2006." |
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| Last Updated ( Saturday, 06 December 2008 15:45 ) |