Tag Archive: BEE123


Saul Symanowitz (Divisional Manager: Sage Pastel BEE123) , Hon. Rob Davies (Minister: Department of Trade and Industry), Thulani Fakude (Business Development Executive: Sage Pastel BEE123)

Saul Symanowitz (Divisional Manager: Sage Pastel BEE123) , Hon. Rob Davies (Minister: Department of Trade and Industry), Thulani Fakude (Business Development Executive: Sage Pastel BEE123)

Sage Pastel, has donated R7.5 million of software, training and other support interventions to the newly formed Black Management Forum (BMF) SMME Programme.

Launched this week by the Minister of Trade and Industry, Rob Davies, the BMF is extending its support for the development and empowerment of black businesses in the SME sector.

“With a 70% first-year failure rate amongst local start-ups, small business owners need as much support as possible,” said Saul Symanowitz, head of Sage Pastel’s BEE123 division. “Foundational business systems and basic business knowledge are not always part of an entrepreneur’s skill set and the Sage Pastel business toolkit will go a long way to providing that support.”

Sage Pastel will contribute to the BMF SMME Programme by donating 500 toolkits to participating small businesses.  This business support system, which is dubbed the BMF SMME Business Bundle, covers the key areas of accounting, legal, human resources, BEE and marketing. The retail price of the toolkit would be prohibitive for most small businesses.

Sage Pastel has been the leading developer of business and accounting software for small, medium and growing businesses for over 23 years and acknowledges the importance of this sector in building the local economy.  “This donation is part of our on going support for small businesses in South Africa. SMEs play a vital role in economic growth and employment creation. It is essential to ensure that businesses operating in this sector are viable and sustainable in the long term.” comments Symanowitz.

Minister Davies stated that his department supports the development of strong and productive enterprises, endorsing President Jacob Zuma’s position of the need to develop black industrialists. He also indicated the importance of encouraging symbiotic relations between small and big business, and using BEE codes to ensure small business development and the growth and expansion of a healthy SMME sector.

BEE123 Panel Debate

By Thulani Fakude - Business Development Executive at BEE123

Thulani Fakude  (BEE123 Business Development Executive) , Kganki Matabane (Director, Transformation and Internal Affairs – BUSA),  Don Mkhwanzi (Member of the Presidential B-BBEE Council), Herman Radali, (BMF JHB Chair)  Saul Symanowitz (BEE123 Divisional Director) and Nkululeko Silimela, (BMF JHB EXCO)

Thulani Fakude (BEE123 Business Development Executive) , Kganki Matabane (Director, Transformation and Internal Affairs – BUSA), Don Mkhwanzi (Member of the Presidential B-BBEE Council), Herman Radali, (BMF JHB Chair)
Saul Symanowitz (BEE123 Divisional Director) and Nkululeko Silimela, (BMF JHB EXCO)

BEE123, a subsidiary of Softline Pastel, hosted its first Panel Debate on the 12 June 2012 entitled “18 years on…has BEE missed the mark”.  Co-hosts for the evening were the Black Management Forum.

The event was massively oversubscribed with approximately 300 guests in attendance.

The panellists’ comprised the following thought leaders in the BEE space:

  • Don Mkhwanazi, BEE Pioneer and Member of the Presidential B-BBEE Council
  • Kganki Matabane, Director, Transformation and Internal Affairs – BUSA
  • Teddy Daka, Executive Chairman, Tedaka Technologies
  • Lerato Ratsoma, Managing Director of Empowerdex
  • Jacob Maphutha, Director of BEE Partnerships and Stakeholder Engagement, DTI

The debate was facilitated by respected and prominent journalist and  3rd Degree executive producer Debora Patta.

Debora Patta

Debora Patta

Deliberations on the topic highlighted that, BEE has faced a number of challenges/ shortcomings but remained an essential policy to transform South Africa’s economic landscape. Panellist’s also encouraged companies to move from a tick- box approach to an attitude/culture of transformation that embraces BBBEE implementation as a mechanism aimed at addressing inequalities and mobilising the energy of all South Africans, to ensure that our country  achieves its full economic potential wherein together  we contribute to  sustained economic growth, development and social transformation.

Denis Becket (prominent social commentator and journalist ) with Saul Symanowitz (BEE123 Divisional Director)

Denis Becket (prominent social commentator and journalist )
with Saul Symanowitz (BEE123 Divisional Director)

Moreover, panellist’s sighted an on-going concern that fronting in corporate companies continues to persist. Thereby welcoming changes to the BBEE Act of 2003, as a significant milestone towards ensuring that such negative practices don’t continue to set us back in the pursuit towards the establishment of an equitable society.

Closing on a positive note, Mr Kganki Matabane of BUSA indicated that there has been an increased adoption of BBBEE within various businesses that have demonstrated commitment to transformation and empowerment of its greatest assets; the men and women who selflessly contribute to the sustainability and profitability of these corporations. Furthermore, Don Mkwananzi of the BBBEE Presidential Council commended BEE123 for the tools it has developed towards assisting companies to better understand and implement BBBEE in their respective companies.

BEE123 is a newly launched division of Softline Pastel.

BEE123 is South Africa’s leading a one-stop BEE Portal that offers a complete range of useful tools, software, news, information and BEE network partners ensuring that BEE is easy to understand and implement. Developed using Softline Pastel’s infrastructure, and with a partner network of South Africa’s leading Verification Agencies and BEE service providers, BEE123 is at the cutting-edge of the BEE services industry.

Web: www.bee123.co.za

Email: info@bee123.co.za

Tel: 0861 BEE123 (233 123)