“Black Economic Empowerment (BEE) is a program launched by the South African government to redress the inequalities of Apartheid by giving previously disadvantaged groups (black Africans,Coloureds, Indians and Chinese (declared to be Black in June 2008) who are SA citizens) economic opportunities previously not available to them. It includes measures such as Employment Equity, skills development, ownership, management, socio-economic development and preferential procurement.” To read more go to: http://en.wikipedia.org/wiki/Black_Economic_Empowerment
In order to apply for an Empowerdex rating, please feel free to call your local office to get more details.
Your local Client Relations Manager will assist, and provide you with the necessary information you might require. We will want to know which bracket your organisation falls into below, in order to process or assist you with your application for a rating:
Once we are able to determine which bracket your organisation falls into, we can send you the relevant application pack in order for you to proceed with your rating. This application pack is filled with information on the next steps and how to go about your rating with Empowerdex. Please contact your local office to proceed with your rating.
The cost of the verification will be dependent on the complexity of the ownership structure, the number of employees, procurement budget, and number of operating entities. Please contact your local office to assist you further
PROCUREMENT RECOGNITION LEVEL
Level One Contributor
≥ 100 points on the Scorecard
Level Two Contributor
≥ 95 But < 100 points on the Scorecard
Level Three Contributor
≥ 90 But < 95 points on the Scorecard
Level Four Contributor
≥ 80 But < 90 points on the Scorecard
Level Five Contributor
≥ 75 But < 80 points on the Scorecard
Level Six Contributor
≥ 70 But < 75 points on the Scorecard
Level Seven Contributor
≥ 55 But < 70 points on the Scorecard
Level Eight Contributor
≥ 40 But < 55 points on the Scorecard
< 40 points on the Scorecard
The rating process; which is in line with methodology outlined by SANAS and the Dti. Click here to see an explanation.
A Tender Letter will be issued automatically at the start of the engagement process and is valid for a 3 month period, which is the time within which the verification should be completed even if there are delays. Tender letters may, unfortunately, not be re-issued upon expiry thereof. Please contact you local office should you wish to find out more.
Our B-BBEE services include the full range of ratings, advisory, training, assurance services and research.
Empowerdex’s training programmes are designed to ensure clients are thoroughly informed of the latest BEE requirements so that companies and organisations are fully equipped to implement and manage sustainable B-BBEE strategies and practices.
Our courses are continually updated so that companies can apply B-BBEE strategies with confidence of achieving their maximum potential ratings.
We offer an introductory online BEE course as well as an advanced training option; the Certified Empowerment Technician (CET) course. This training workshop is suitable for industry consultants, clients handling their BEE policies, HR managers, transformation champions, CFOs, business owners and anyone who deals with BEE in some capacity within their organisation. For details on BEE training, click here.
Once verified, a company may only use the Empowerdex Certified Empowerment Contributor trademark logo, when referring to its verification status once it has obtained the written consent of Empowerdex. The use of the Empowerdex logo is not permissible. Please consult our Standard Terms and Conditions of verifications, for the terms of utilising the Certified Empowerment Contributor logo. It should be noted that use of the logo must be followed by the actual verified status achieved by the company, i.e.: ‘Empowerdex Level Four verified’ and NOT simply ‘Empowerdex verified’. A company may not make use of the Empowerdex branding logo without permission in writing, from Empowerdex. Contact us on (011) 883 8548 for more details.
Empowerdex has other services designed to assist to drive transformation. Please speak to us on how we can assist you with your unique circumstances.
The collation service is an offering whereby a separate team would assist your company in collating the correct information required for the rating process and compiling a rating to be presented to the rating team.
This will be similar to the rating process, but over and above collecting information and verifying it, an analysis of your current processes and systems will be done. At the end the process, a report will be formulated that will include the scorecard of the company (for internal use only), a processes analysis, as well as a gap analysis showing which areas the company falls short in, and which areas more effort is required.
The gap analysis can also be done after the rating, where the process is used to determine which areas require more attention, and what the possible score would be based on a few small changes.
The Indicative Rating Process:
Similar in basic processes to the formal rating, the Indicative Rating's difference lies in the fact that the scorecard information is not verified, but information supplied by the client is accepted on “face-value”.
It is of the utmost importance to note that this indicative rating process will NOT result in a rating certificate that may be used in the normal process of proving compliance. It is normally used as an internal “pre-rating” exercise to determine whether changes need to be made prior to rating, or whether the client is ready for the process. The value of this exercise lies in the much shorter turn-around time than the rating exercise, but still results in a deliverable which produces enough information to form the basis of the chronological next step, full rating.
With this we verify your ownership element only and provide you with a detailed certificate of your ownership. The normal verification process is followed and the end result will be a valid ownership certificate.
Joint Venture/Consortium Certificate:
With this we will verify a unicorporated Joint Venture that was created between two or more companies for a specific project or as a temporary working together solution. We will assess the BEE certificate of all the involved parties against the share each of the entities has in the Joint Venture or Consortium. The end result will be a Joint Venture/Consortium certificate that is valid for 12 months.
Kindly contact your local Client Service Consultant in order to receive a quote on any of the above service offerings.