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.
Rental of Airport Refreshment Kiosk 2018-11-23 12:00 SCM/RFQ/2019/026/CORP
2 x Electronic Multichannel Pipettes With Adjustable Spacing(1-10ul). 1 x Electronic Multichannel Pipette With Adjustable Spacing(5-50ul). 2018-11-27 11:00 RFQ: GAU66
Corporate Event 2018-11-21 12:00 B342/2018/19
Supply and delivery of Solid Brass Padlock 40mm keyed alike 2018-11-22 12:00 B343/2018/19
Histology Cassette Printer 2018-11-27 11:00 RFQ: GAU67
Supply of CAMO Jonsson Legendary Sunhats or similar 2018-11-22 12:00 B345/2018/19
Renovations to Wf Lebowakgomo Nhls Laboratory in Limpopo 2018-12-13 11:00 RFQ NO: 1551834
Sound and Lighting: Live Gospel Show 24 November 2018 2018-11-21 12:00 B346/2018/19
Backfill and reinstatements of trenches & other excavations in existing roads and other paved surfaces in ward 2 2018-11-27 12:00 213/2018/19
Backfill and reinstatements of trenches & other excavations in existing roads and other paved surfaces in ward 6 2018-11-27 11:00 RFQ214/2018/19
Supply and Install Air Conditioners at Tshepong Laboratory 2018-12-12 10:30 RFQ NO: 1464133
Backfill and reinstatements of trenches & other excavations in existing roads and other paved surfaces in ward 9 2018-11-27 12:00 215/2018/19
Renovations to Wf Knobel NHLS Laboratory in Limpopo 2018-12-13 11:00 RFQ NO: 1339393
Backfill and reinstatements of trenches & other excavations in existing roads and other paved surfaces in ward 10 2018-11-27 12:00 216/2018/19
Call for Auctioneers to submit quotations for providing service to auction redundant and obsolete inventory and movable assets on behalf of Knysna Municipality 2018-11-27 12:00 190/2018/19
Render a Cleaning Service at the Premises of the Metro North Education District (Mned) Office, Situated at 9 Timmerman Street, Parow for a period of two (2) years, starting from 1 April 2019 to 31 March 2021. 2018-12-14 11:00 B/WCED 2473/18
On-site Auditing, application of Grading System to and Training of 349 Clubs through Club Development Toolkit 2018-12-18 11:00 ZNB: DSR43/ 1819
Provision of Short Term Insurance Services in SIU for a period of 60 months. 2018-12-14 11:00 RFP: 005/ 11/ 2018
Appointment of a Service Provider to provide an Internal Audit Services on a co-sourced basis for a period of Three (3) years 2018-12-07 12:00 RFP/ T 08- 2018/ 19
Appointment of a maximum of four (4) Media Agents to provide media buying (including print, radio, television and online media) and related services to the NRF SAASTA for a period of thirty six (36) months 2018-12-14 11:00 NRF/ SAASTA/ 02/ 2018- 2019

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.