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, 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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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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Examples of Empowering Supplier in a sentence

  • 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.

  • 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.

  • EMPOWERING SUPPLIER An Empowering Supplier is a B-BBEE compliant Entity which complies with at least three criteria if it is a large Entity, or one criterion if it is a Qualifying Small Enterprise (“QSE”), as detailed in Statement 400 of the New Codes.

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 Order(s) means official orders issued by an operating division of Transnet to the Supplier/Service Provider for the supply of Goods or Services;