Procurement Portal

Under the Amended BEE Codes, Supplier and Enterprise Development is the largest element of the B-BBEE scorecard with a potential 40 available points (+ 4 bonus points) for full compliance, of which Preferential Procurement points accounts for 25 points (+ 2 bonus points).

The mounting obligation on corporates to help develop and support their value chain has resulted in South African companies being increasingly focused on procuring from black-owned suppliers.

The process of finding reputable suppliers can be a cumbersome task, with numerous factors such as: location, value for money, quality and service, needing consideration when choosing a supplier.

To streamline this process, we offer our investors access to the Inyosi Preferential Procurement Portal – iHive. iHive is a directory of pre-vetted black-owned suppliers across a variety of industries listed by invitation only.

The invitation-based architecture combined with ongoing performance monitoring of suppliers listed on the portal allows us to best maintain the integrity of our network and the platform.

iHive also allows our investors to apply their skill development funding into the provision of bursaries for underprivileged students in marginalized communities.

Through this channel, we have facilitated the provision of over 190 bursaries to students living in these communities.

Benefits to Investors

Benefits to Suppliers

Inyosi Empowerment's Preferential Procurement Portal - iHive

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Procurement Points Criteria

PLEASE NOTE: These tables were procured from publicly available sources and while the greatest care has been taken to ensure their validity, Inyosi cannot guarantee they remain authoritative.

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