Unica Iron and Steel Pty Ltd BBEEE
Broad-Based Black Employment Equity (B-BBEE) is a South African government initiative aimed at increasing equity and uplifting black business owners, stakeholders and employees. It is a process by which previously disadvantaged South Africans are empowered.
Unica Iron and Steel is not only BBEEE compliant in order to follow the law; we live it.
From our social responsibility projects, to the culture we foster within Unica Iron and Steel, we are constantly striving to enhance the lives of South African people through iron and steel.
Unica Iron and Steel is a level 3 BEE compliant iron and steel manufacturer (you can see by the chart below how compliant we are). As this level of compliance, we are allowed to participate in the formal South African economy and conduct transactions with the government, where we can make a real difference.
|BEE CONTRIBUTION LEVEL||SCORECARD POINTS||PROCUREMENT RECOGNITION|
|1||100 or above||135%|
|2||85 to 99.99||125%|
|3||75 to 84.99||110%|
|4||65 to 74.99||100%|
|5||55 to 64.99||80%|
|6||45 to 54.99||60%|
|7||40 to 44.99||50%|
|8||30 to 39.99||10%|
|Non Compliant||< 30||0%|