Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Codes of Good Practice on Black Economic EmpowermentIntegrated Transport Sector CodesForwarding and Clearing Sub-Sector Code for B-BBEE3. Indicators of Empowerment (to achieve this vision)3.5 Preferential Procurement3.5.1 Guiding Principle |
Our principle is to accelerate procurement from black-owned and/or, empowered enterprises and/or good contributors to B-BBEE with the main objective of growing existing or emerging entrepreneurs to produce value-added goods and services for the industry and increase employment as well as allowing for the creation of new businesses.