Love to Langa CT has a Level 2 certificate because it is not 100% Black-owned but servesġ00% Black beneficiaries (Black, Coloured and Indian.)įor information on making a tax-deductible donation to Love to Langa in Rands via our South African bank account, please email us at my birthday today and I can't believe I'm 52. You can also be a beneficiary of corporate supplier development initiatives. It could also mean you gain business from non-compliant competitors.Īnd lastly, if you have a B-BBEE Certificate you become eligible for grants and obtaining financing. Being BEE compliant means you will not miss out on prospective business from companies wanting to deal with only BEE compliant companies. Larger businesses are incentivized to do business with you because it improves their own B-BBEE score.ģ. ![]() Private companies that engage in business with each other may also reap the benefits of being BEE compliant through preferential procurement. apply for a tender (an offer to do work or receive goods at a fixed price),Ģ. ![]() Will have to be 100% BEE compliant to do the following:Ī. If you want to engage with any kind of government body, your business or organization Here’s why being B-BBEE Compliant is important:ġ. Program to empower previously disadvantaged groups and enhance the economy. (Broad-Based Black Economic Empowerment) in 2003 as a racially-selective In 1994, South Africa elected its first democratic government which launched BBBEE
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