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THE

BEECHAMBER

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NEWS

SELECTING A B-BBEE RATING AGENCY



Ethics, skills & competence are at the top of the due diligence list when selecting a B-BBEE Rating Agency. Firstly, an organisation must ensure that they engage the services of a B-BBEE Rating Agency in line with the R47-03 document that does not allow B-BBEE Rating Agencies to provide B-BBEE Consulting services.


Secondly, organisations must ensure that their chosen B-BBEE Rating Agency allocates a team with the technical expertise to ensure the B-BBEE Verification process is smooth. Remember, an organisation is within their rights to request CVs about the team undertaking their B-BBEE Verification.


It is encouraged that Members adopt a Due Diligence process when selecting a B-BBEE Rating Agency.


Verification Preparation Services are available to Members to assist with planning for the B-BBEE Verification process.

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