ESKOM RETAINS LEVEL 4 B-BBEE STATUS SECOND YEAR IN A ROW
- BEE NEWS
- Jun 26, 2023
- 1 min read
Gloria Motsoere | 25 June 2023
The utility said before 2022, it had a Level 8 rating, but the now improved status puts Eskom in good standing with the empowerment’s commission and sets the tone for prospective Eskom suppliers.
JOHANNESBURG - Eskom has retained its Level 4 Broad-Based Black Economic Empowerment (B-BBEE) status for the second consecutive year.
The status is given to businesses complying with Black Economic Empowerment.
The utility said before 2022, it had a Level 8 rating, which is the base level of compliance.
It said the improved status puts Eskom in good standing with the empowerment’s commission and sets the tone for prospective Eskom suppliers.
“Eskom will ensure that the necessary standards are upheld to retain the B-BBEE Level 4 accreditation.
"In this regard, the organisation will also drive the implementation of the transformation strategy and the enhancement of the supplier development, localisation, and industrialisation," said interim spokesperson Daphne Mokwena.
‘Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER’.
