- August 26, 2018
- Posted by: Aviwe Nomnganga
- Category: Broad-based Black Economic Empowerment
New B-BBEE based procurement rules for government will take effect in April 2017. There are actually huge opportunities for B-BBEE Qualifying Small Enterprises (QSE’s) as the 80/20 threshold has changed, meaning that the weighting is now 20% for procurement up to R50m instead of just R1m as before, i.e. with a high B-BBEE score you can now advantageously tender for much larger contracts.
Please contact us to find out more about the opportunities made available by the new procurement rules through improving your B-BBEE status and our approach as Pula Capital Partners in assisting you benefit from this opportunity.