Tag Archive: Black Economic Empowerment


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)

Softline Pastel recently launched its one-stop Black Economic Empowerment (BEE) portal, BEE 123. It offers the complete range of tools, software, directories, news and BEE network partners to assist businesses of all sizes to understand and implement their BEE requirements.

“BEE compliance is a real factor in winning and retaining business, and is actually far simpler to implement than most people think,” says Saul Symanowitz, BEE 123 divisional director.

BEE123 includes Scorecard Software, which calculates empowerment scores. Users just have to enter the business’s data for each of the seven BEE elements without having to understand complex codes and formulae. Scenario planning is also possible in the software and its embedded help functionality explains BEE in simple English.

Proposed amendments to the BBBEE Act and the new PPPFA regulations which came into effect in December have elevated the necessity for BEE compliance, making it an essential for securing business. “A BEE certified company is able to access and generate new business because its clients will earn points by using them as a supplier,” says Mr. Symanowitz.

The directories within BEE 123 make it easy for users to find BEE certified businesses. The Suppliers Directory has thousands already listed and enables certified business to list themselves so that others can find them. According to Mr. Symanowitz: “For businesses that have gone to the effort and expense of obtaining their BEE certification, the BEE123 Suppliers Directory provides an unparalleled platform for exposure.”

The Socio Economic Development Directory lists all pre-vetted and qualifying charities and socio economic development support associations that will earn points on the BEE scorecard. An Enterprise Development Directory also lists registered development service providers and support organisations.

To provide a valid BEE certificate, Pastel has established a Verification Partner Network in conjunction with South Africa’s leading SANAS accredited verification agencies. This network will assist all businesses in obtaining their certificates. For Exempt Micro Enterprises – those with a turnover lower than R5M per annum – BEE certification is particularly simple. These businesses are automatically deemed to be BEE compliant and can obtain their BEE certificates directly through the BEE123 portal quickly, cheaply and easily.

Other features include a news section, FAQs, glossary, relevant BEE legislation documents and access to hands on training sessions on practical BEE knowledge and Scorecard Software.

“With the growing consensus amongst private sector businesses that empowerment is vital to trade and an important tool for economic growth, there is nothing to stand in the way of all enterprises becoming compliant. And now BEE 123 offers a one stop solution.” concludes Mr. Symanowitz.

Visit  www.bee123.co.za for more information