Must I procure from my Supplier Development beneficiary?
10 February 2017
About four years ago my company entered into an enterprise development agreement with a new BEE company starting up in... our sector as part of our commitment towards BEE and enterprise development. In terms of our agreement, we provide them with support and even financial assistance and have helped them find their feet in our industry. Although we work closely with them, we don’t procure anything from them. Will this initiative be recognised under the revised Enterprise and Supplier Development element of the Amended BEE Codes?