Focal Point, BUSINESS DAY EMPOWERMENT, Page 48
How do black-owned small and medium-sized companies experience the influence of the black empowerment regulatory environment in the day-to-day running of their businesses?
One would think that black-owned small and medium enterprises f… (SMEs) would be among the first to praise BEE as key to their success. However, when discussing the topic with those whose businesses are black owned in various sectors, a different picture emerges. Entrepreneurial spirit is very strong and day-to-day business demands excellent products and service delivery above all else. Where BEE may assist in getting a foot in the door, the delivery of goods at the expected levels of excellence comes first. Does BEE help SMEs attract the right clients? Olga Kayayan of Boniswa Corporate Solutions believes it does. 'BEE legislation actually influences every aspect of our business,' she says. The turnkey telecoms services company in Midrand deals mainly with corporate clients 'and our BEE credentials benefit us in terms of contract