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January 13, 2012
Major shock in the BEE industry
On 6th January 2012, EMEX, the South Africa's largest BEE rating agency filed for liquidation. The implication is that thousands of companies will have to appoint a new verification agency or registered auditor to do their rating.Bad news for some
Those companies that were busy
with their BEE rating (and had paid their deposit) will have to find
another rating agency to take over their verification from scratch. This
will not only mean financial loss but also delays in getting their BEE
certificate. This could mean lost tenders, contracts or withheld
payments.
To fast track a BEE rating - BEEXchange can prepare a rating ready audit file, negotiate a preferential place in the verification queue and manage the on-site audit to ensure maximum score.
Please note:
BEEXchange
has worked with all the major rating agencies and understands their
requirements. Through our long standing relationships we are able to
secure the most efficient BEE rating for you..
Good news for others
There
is good news in that certain IRBA registered auditors will be able to
issue BEE certificates within the next few days. Hundreds of Chartered
Accountants and BEE professionals have now completed the UNISA BEE
course and the final assignment results are currently being released.
Those auditors can request registration from IRBA to issue BEE
Certificates. We understand that the first few have now been processed
and are just about ready to go.
Please note:
BEEXchange knows which of the IRBA registered auditors will be able to provide BEE verification. We are able to provide consulting support to the clients of IRBA registered auditors.
If you are affected by the liquidation of EMEX
Please
contact BEEXchange. We will assist you to identify the most suitable
rating agency and help to negotiate a preferential place in the rating
queue. We will fast track your BEE audit file preparation and manage the
on-site audit to ensure the best possible score.
Regards
The BEEXChange Team
Office 086 112 4668
Email celeste@beexchange.co.za
Web www.beexchange.co.za
Posted by StaffWriter at January 13, 2012 7:58 AM


