Issue Date: 
Monday, September 8, 2014

The new B-BBEE Codes of Good Practice

By Werner van Rooyen

www.how2tender.com

8 September 2014

If you are a business owner in South Africa and you haven`t heard of Broad-Based Black Economic Empowerment (B-BBEE) or if you haven`t given it some thought you are going to be left behind in the future.

This past week I was studying the new B-BBEE Codes of Good Practices again and I realized that the new Codes of Good Practice are going to change the business landscape forever. The simple reason is because the new Codes of Good Practice is far more stringent than the old Codes.

The importance of the new Codes of Good Practice lies in the fact that all businesses that are currently B-BBEE compliant with a decent B-BBEE Scorecard are going to struggle to maintain the same Level of Score if they do not have some kind of Black Ownership. The opposite will also be true in that Black Owned businesses will find it easy to score points on their B-BBEE Scorecard.

If you look at the table below, it indicates where businesses are going to end up with their B-BBEE Scorecard should they not have some kind of Black Ownership.


*Column 2 is if you achieve the same points that you have scored previously.
**Most Enterprises will not achieve the same points because of the Priority Elements.

The fact of the matter is that your business will need a good B-BBEE Scorecard to compete in the tender process. I will suggest that you start planning now to ensure that you achieve at least some kind of decent B-BBEE Scorecard to stay competitive when you respond to tenders.

In the new Codes of Good Practice, Qualifying Small Enterprises (QSE`s) must also comply with all the elements of B-BBEE. This is a far cry from the old Codes where QSE`s only had to comply with four of the seven elements. QSE`s make up the bulk of businesses in South Africa and I predict that there are going to be a bit of a flutter by QSE`s to comply with the new Codes of Good Practice.

Don`t get left behind!

Visit our website at www.how2tender.com for more information or buy our Tender Manual. Until next time, happy tendering.

Title Closing Date Tender No.
Vacant land - old scrap metal site 2018-10-12 12:00 ELS/HPM 3/17/09/2018/3C
Supply: Furniture 2018-09-27 12:00 GL11900254
Vacant Land - Gately (Erf no. 20436) 2018-10-12 12:00 ELS/HPM 3/17/09/2018/3C
Supply and install ferric dosing station at Voelvlei Water Treatment Plant. 2018-10-05 12:00 SK11900114
Workshop adjacent to Dry dock 2018-10-12 12:00 ELS/HPM 3/17/09/2018/3C
Land and face-brick building adjacent to Car Terminal 2018-10-12 12:00 ELS/HPM 3/17/09/2018/3C
Land and building - Radio workshop 2018-10-12 12:00 ELS/HPM 3/17/09/2018/3C
Appointment of a Civil Maintenance Contractor for a Period of three years. 2018-10-16 12:00 PLZ 17/2018
Land and building-Old dredging building 2018-10-12 12:00 ELS/HPM 3/17/09/2018/3C
Heritage Houses 2018-10-12 12:00 ELS/HPM 3/17/09/2018/3B
Cape Town Stadium two day catering(25 and 26 September 2018). 2018-09-21 10:00 SD11900231
Supply: Tools and equipment 2018-09-26 12:00 GD11900336
Supply: Clothing 2018-09-26 10:00 GA11900263
Supply: Tools and equipment 2018-09-26 12:00 GD11900339
Land and building - Old Shipyard 2018-10-12 12:00 ELS/HPM 3/17/09/2018/3A
Supply & printing of no access notebooks Water & Sanitation Department. 2018-09-28 12:00 SK1190034A
Network Partner 2018-09-28 16:00 No Reference
Provision of a Talent Management Solution 2018-10-08 12:00 RFP GvdW-4601170/2018
Supply Tools and equipment 2018-09-21 12:00 GD11900341
Catering for Tourism Workshop. 2018-10-21 10:00 SD11900230

Pages

Advantages and disadvantages of Consortiums

Consortiums are often considered as entities to use when responding to tenders in South Africa. The question that arises is whether to use a Consortium or a Joint Venture when responding to a tender. To help you with this we have compiled a list of advantages and disadvantages for both Consortiums as well as Joint Ventures. In this article we list the advantages and disadvantages of Consortiums. Look out for the same article on Joint Ventures.

Consortiums Advantages:

  • Easy to establish as there are no formal procedures... Read More
Free Keyword search

Search all tender notices for FREE!

No subscription or registration required!

You can also search by the reference of the the tender.

Advanced search

Search by Issuer, Region or Sector, individually, or using any combination of the three.