From our Blog

A BB-BEE Follow Up

It appears that my last post on the lack of alignment of the BB-BEE codes of practice and the procurement policies of organisations arose from my ignorance! First, some background for those who are not familiar with the objectives of the South African government to address the inequalities of the past. South African government policies exist to encourage companies to employ previously disadvantaged individuals (PDI, this is also known as affirmative action) and to contract black economical.....

BB-BEE and the SMME

The aims of the South African Government's Broad Based Black Economic Empowerment (BB-BEE) policies are laudable, as is the focus on creating employment by providing supporting structures to encourage the development of Small, Micro and Medium Enterprises (SMME). Both policies aim to address the social imbalances in the country and create employment.� But are there some contradictions - or have I just misunderstood things? QuarteX technologies is currently classified as an Exempt Micro Ent.....