Broadside – BBEE made easy

Right now my associate and I are busy developing an online application that will hopefully help lots of South African people with their businesses. Visit this site to learn more about BEE.

Private companies must apply the codes if they want to do business with any government enterprise or organ of state – that is, to tender for business, apply for licences and concessions, enter into public-private partnerships, or buy state-owned assets.

Companies are also encouraged to apply the codes in their interactions with one another, since preferential procurement will affect most private companies throughout the supply chain. – quoted from link above.

So as you can see, a companies BEE rating will greatly affect the business etc that they might acquire and also it will affect which companies are willing to use them, since everyone’s BEE rating affects the rating of companies they do business with.

The one problem we will solve with Broadside is that of being able to find companies in certain sectors, which offer certain services, but also being given information about their BEE rating. For instance, if I need to set up a new office and need a network to be installed, I would log on to broadside and do a search for companies which provide that service, and I would be able to view all those companies’ BEE rating, thus enabling me to make a beneficial decision for my next rating.

This means that the companies signing up on Broadside will benefit by being hosted in search results on a website made for companies who want to use/hire/procure business with BEE rated companies.

Watch this space!