Welcome to BEE Matrix. We don’t want to be the biggest, but the best.
BEE~Matrix was established in 2005 primarily as an independent BEE Verification Agency, to assist companies with verification of their BEE status in a fair and independent manner.
Fronting has become a criminal offence, as per the amended BEE Act of 2013. Offenders can face up to 10 years of jail time, or 10% fine of company turnover. The BEE Commissioner has been appointed to primarily investigate fronting practices.
BEE ACCREDITATION BENEFITS:
With the amended BEE codes that became effective on 1 May 2015, it is clear that QSE and Generic companies without any black ownership, will experience difficulties in achieving an acceptable BEE level. This will especially have a negative impact on companies dealing with government. The Amended Codes are significantly more difficult with harsher points to BEE levels table, which will mean the majority of those businesses will have a substantial level drop from the previous year which can impact business significantly.
We at BEE~Matrix can assist you to understand the changes in the amended Codes and the impact of not aligning your company accordingly.
BEE~Matrix Impartiality Statement
BEE Matrix SA (Pty) Ltd policy on impartiality is based on objectivity, independence of conflict of interest and fairness.
We undertake not to allow any consultancy body from stating or implying that the ratings service provided by BEE Matrix is simpler, faster or less expensive than any of its competitors nor will we state or imply that, if a particular consultancy is used, a BEE verification would be simpler, faster or less expensive;
BEE Matrix shall not provide any BEE consultancy services to any of its measured entities;
Any person representing the company in any capacity what so ever must avoid ethical, legal, financial, or any other actual or apparent conflicts of interest and ensure that their personal activities and interests do not conflict with their obligations to the company or its welfare;
BEE Verification certificates are reviewed by independent technical signatories to that of the verification team;
BEE Matrix employees are required to declare their current and past relationships with all companies in the event that they have provided consultancy in the past two years. Any situation past or present which may present a potential conflict of interest is required to be declared by employees on the declaration form to be completed for each verification.
Appeals and Complaints Procedure
BEE~Matrix allows our clients to appeal a score based on various factors, and also to complain to management if they feel that a staff member misbehaved, or were not assisting them in a professional manner. Click here for the full procedure to be followed in these instances.
Empowering Supplier Status temporarily scrapped
The DTI decided to put the measurement of the Empowering Status on hold until further notice. All certificates issued in the past and still to be issued will be regarded as Empowered suppliers. To view the Gazette, click here.