THE TIME FOR BLACK BUSINESS IS NOW!!! (SUPPLIER DEVELOPMENT AND BBBEE PERSPECTIVE)
Currently many white-owned businesses look at the impact of the new BBBEE codes and how they can meet the minimum criteria to optimize their BBBEE levels. It is believed that most white-owned businesses will drop at least 2 levels. This means that if a business was a level 4 that it will now fall to a level 6. The saddest part is that black business fail to see and respond to this huge opportunity.