Welcome To Bee Rating Solutions

Since 2006, BEE Rating Solutions staff have been involved in the verification industry and completed numerous verifications of Exempt Micro enterprises(EME’s), Qualifying Small Enterprises (QSE’s) and Generic Companies that includes Multi Nationals and JSE listed Companies. We function within the spirit of our tagline “YOUR COMPLETE B-BBEE SOLUTION SINCE 2006 THAT ADDS ECONOMIC VALUE TO YOUR BUSINESS”

We also operate as a total solution with a Consulting Company called BEE Rating Solutions Consulting that advises clients through coaching and guiding clients to improve their B-BBEE scores and two Verification Agencies registered with IRBA called BEE Rating Solutions SA and BEE Rating Solutions Verifications that operate independently with the required “Chinese walls” between the consulting and verification entities.

DRAFT ON STATE TENDERS

As conveyed in the previous news brief the Minister of Finance published a draft for 60 days comment in July 2015 on state tenders in PREFERENTIAL PROCUREMENT REGULATIONS, 2015.

It addresses amongst others the following:

-The 90/10 preference point system for acquisition of goods, works and/or services with a Rand value of above R50m. (Meaning that the decision will be made 90% on price and 10% based on your B-BBEE score)

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Beers News

DRAFT ON STATE TENDERS

As conveyed in the previous news brief the Minister of Finance published a draft for 60 days comment in July 2015 on state tenders in PREFERENTIAL PROCUREMENT REGULATIONS, 2015.

It addresses amongst others the following:

-The 90/10 preference point system for acquisition of goods, works and/or services with a Rand value of above R50m. (Meaning that the decision will be made 90% on price and 10% based on your B-BBEE score)

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BROAD BASED SCHEMES BACK IN BUSINESS AND CLARITY ON EMPOWERING SUPPLIERS

The DTI released a “Revised Notice of Clarification” in the Government Gazette 38799 issued on 15th  May, signed off on the 12th  May 2015, this time by Minister Davies himself. The wording is this Gazette has been slightly amended but the dreaded paragraph 1 (d) has been omitted. This means the old rules apply once again to Broad Based Schemes including Employee Ownership Schemes .

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THE DTI HAS JUST KICKED BROAD BASED BLACK OWNERSHIP IN THE TEETH FOR THE SECOND TIME!

DTIThe Revised Codes of Good Practice increased the benefit that a New Entrant can receive to qualify as New Entrant under these Codes and ad to the score as a New Entrant in the business they hold shares in from R20m to R50m. This clearly flied in the face of broadening the Black Ownership base in South Africa and allowed Black Shareholders  that had already  benefitted from Ownership transaction in the past to stay in the wings as possible New Entrants.

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