Empowering Supplier definition

Empowering Supplier means subject to any Notices that may be issued by the DTI, within the context of B-BBEE, is a B-BBEE compliant entity, which is a good South African corporate citizen, comply with all material regulatory requirements of the country such as employment equity and taxation and should meet at least 3 (three) if it is a Large Enterprise or 1 (one) if it is a Qualifying Small Enterprise of the following criteria –
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Empowering Supplier means subject to Notice 708 of 2016 and any further Notices issued by the DTI, a B-BBEE compliant entity, which is a good South African citizen and comply with all regulatory requirements of the country and should meet at least three if It is a large enterprise or one if it is a Qualifying Small Enterprise of the following criteria –
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Empowering Supplier. * means, within the context of B-BBEE, a B-BBEE compliant entity, which is a good citizen South African entity, complies with all regulatory requirements of the coutry and should meet at least three, if it is a large enterprise, or one, if it is a Qualifying Small Enterprise, of the following criteria:
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Examples of Empowering Supplier in a sentence

  • For the CA Sector Enterprise and Supplier Development QSE Scorecard the following key measurement principles apply:1.1 Key Measurement Principles, interpretation and calculations under paragraph12.2.4 are applicable1.2 Sub-minimum and discounting principles under paragraph 11.3 and 12.2.4 are applicable.1.3 In line with the Amended Codes of Good Practice, the Empowering Supplier Provision is now awarded automatically until further notice.

  • In instances where a decrease in the B-BBEE levels is envisaged, such a decrease should not be lower than a B-BBEE Level 4 with Empowering Supplier Status.

  • The recognition of empowering supplier status has been extended until further determination and any entity measured on or after 1 May 2016 will automatically be recognised as an Empowering Supplier until a further notice is issued.

  • A Stockholder may, at any time, subject to this Section 3.2 and Section 3.10 of this Agreement and the restrictions contained in the Pledge Agreements and the Note Agreement transfer his Shares to a Permitted Transferee.

  • B-BBEE procurement spend from all Empowering Suppliers QSEs based on the applicableB-BBEE Procurement Recognition Levels as aProvide a commitment based on the extent to which B-BBEE spend from Empowering Supplier QSEs would be sustained or increased over the contract period percentage of Total Measured Procurement Spend 26.

  • In terms of the requirements of an Empowering Supplier, numerous companies found it challenging to meet the target of 25% transformation of raw materials or beneficiation including local manufacturing, particularly so, if these companies imported goods or products from offshore.

  • B-BBEE procurement spend from all Empowering Suppliers QSEs based on the applicable B-BBEE Procurement Recognition Levels as a percentage of Total Measured Procurement SpendProvide a commitment based on the extent to which B-BBEE spend from Empowering Supplier QSEs would be sustained or increased over the contract period 21.

  • I hereby declare under oath that: The enterprise is % black owned; The enterprise is % black woman owned; Based on the management accounts and other information available on the financial year, the income did not exceed R50,000,000.00 (fifty million rands); he entity is an Empowering Supplier in terms of Clause 3.3 (a) or (b) or (c) or (d) or as amended3.3 (e) (select one) of the dti Codes of Good Practice.

  • Yes The Department of Trade and Industry issued Notice 708 of 2016 of Government Gazette No. 40375 on the 28th October 2016 regarding the application of the Empowering Supplier Status.

  • The Department of Trade and Industry issued Notice 708 of 2016 of Government Gazette No. 40375 on the 28th October 2016 regarding the application of the Empowering Supplier Status.


More Definitions of Empowering Supplier

Empowering Supplier means a supplier described in clause Error! Reference source not found. below.
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Empowering Supplier means within the context of B-BBEE, a B-BBEE compliant entity, which is a good corporate citizen , that complies with all South African laws and regulatory requirements and should meet at least three if it is a large enterprise, or one if it is a QSE of the following criteria:
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Related to Empowering Supplier

  • Fuel supplier means an entity supplying fuel to the market that is responsible for passing fuel through an excise duty point or, in the case of electricity or where no excise is due or where duly justified, any other relevant entity designated by a Member State;

  • Purchase Order means the form or format a Customer uses to make a purchase under the Contract (e.g., a formal written purchase order, electronic purchase order, procurement card, contract or other authorized means).

  • Purchase Order (PO) means a written offer made by a purchaser to a supplier formally stating the terms and conditions of a proposed transaction.

  • IITK Purchase Order means the IITK’s official Purchase Order document;

  • Purchase Orders means official orders issued by an operating division of Transnet to the Supplier/Service Provider for the supply of Goods or Services;

  • Supplier means the successful bidder who is awarded the contract to maintain and administer the required and specified service(s) to the State.

  • The Purchase Order means the order placed by the Purchaser on the Supplier signed by the Purchaser including all attachments and appendices thereto and all documents incorporated by reference therein. The purchase order shall be deemed as "Contract" appearing in the document.

  • Gas supplier means a person that is duly licensed pursuant to

  • Other Supplier means any supplier to the Customer (other than the Supplier) which is notified to the Supplier from time to time and/or of which the Supplier should have been aware;

  • Distributor means a person who distributes.

  • Network Supply Point or "NSP" means any Point of Connection between:

  • licensed water supplier means a company which is the holder for the time being of a water supply licence under Section 17A(1) of the 1991 Act(f);

  • Self-Supply means Capacity Resources secured by a Load-Serving Entity, by ownership or contract, outside a Reliability Pricing Model Auction, and used to meet obligations under this Attachment or the Reliability Assurance Agreement through submission in a Base Residual Auction or an Incremental Auction of a Sell Offer indicating such Market Seller’s intent that such Capacity Resource be Self-Supply. Self-Supply may be either committed regardless of clearing price or submitted as a Sell Offer with a price bid. A Load Serving Entity's Sell Offer with a price bid for an owned or contracted Capacity Resource shall not be deemed “Self- Supply,” unless it is designated as Self-Supply and used by the LSE to meet obligations under this Attachment or the Reliability Assurance Agreement.

  • Self Supply LSE means a Load Serving Entity in one or more Mitigated Capacity Zones that operates under a long-standing business model to meet more than fifty percent of its Load obligations through its own generation and that is (i) a municipally owned electric system that was created by an act of one or more local governments pursuant to the laws of the State of New York to own or control distribution facilities and/or provide electric service, (ii) a cooperatively owned electric system that was created by an act of one or more local governments pursuant to the laws of State of New York or otherwise created pursuant to the Rural Electric Cooperative Law of New York to own or control distribution facilities and/or provide electric service, (iii) a “Single Customer Entity,” or (iv) a “Vertically Integrated Utility.” A Self Supply LSE cannot be an entity that is a public authority or corporate municipal instrumentality created by the State of New York (including a subsidiary of such an authority or instrumentality) that owns or operates generation or transmission and that is authorized to produce, transmit or distribute electricity for the benefit of the public unless it meets the criteria provided in section (i), (ii), or (iii) of this definition. For purposes of this definition only: “Vertically Integrated Utility” means a utility that owns generation, includes such generation in a non-bypassable charge in its regulated rates, earns a regulated return on its investment in such generation, and that as of the date of its request for a Self Supply Exemption, has not divested more than seventy-five percent of its generation assets owned on May 20, 1996; and “Single Customer Entity” means an LSE that serves at retail only customers that are under common control with such LSE, where such control means holding 51% or more of the voting securities or voting interests of the LSE and all its retail customers.

  • Brokering Services means the recruitment of individuals to participate in training that is to be subsidised under this VET Funding Contract, by an individual or organisation in exchange for payment from the Training Provider or the student, but excludes activities carried out by salaried individuals who are employees of the Training Provider whose role includes the identification and recruitment of potential students.

  • The Supplier means the individual contractor, manufacturer distributor, or firm supplying/manufacturing the Goods and Services under this Contract and named in the SCC.

  • Travel Supplier means any entity or organization that coordinates or supplies travel services for You.

  • water supplier means the company supplying water in the water supply zone, whether a water undertaker or licensed water supplier;

  • service supplier means any person that supplies a service;

  • Data Supplier means a third party supplier of Market Data.

  • Material Supplier has the meaning set forth in Section 3.24.

  • Supplier/Contractor means the individual, firm or company with whom the contract has been concluded for supplying the Goods and Services under the Contract. The Supplier/Contractor shall be deemed to include its successors (approved by the purchaser), representatives, heirs, executors, administrators and permitted;

  • Engineering Services means infrastructure for –

  • Framework Suppliers means the suppliers (including the Supplier) appointed under this Framework Agreement or agreements on the same or similar terms to this Framework Agreement as part of this Framework;

  • Reseller is a category of CLECs who purchase the use of Finished Services for the purpose of reselling those Telecommunications Services to their End User Customers.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.