An inarticulate notice was sent by Eskom to their "valued suppliers". It's got something to do with the codes and ESKADAAT and BWO and body odour and might be a subliminal message to encourage people to vote for the ANC (you know the party that promises you power and then ................... loadshedding and corruption etc).
This is the significant passage.
With the Broad-Based Black Economic Empowerment being implemented, there was a need for Eskom to amend their BEE and procurement policies in order to align with the legislative requirements of these codes. Specific requirements and guidelines with regard to the application of the Codes within Eskom have been approved in 2008/2009. (Eskom Standard, 32-417). An amendment to the aforementioned policy has been instituted and signed off in March 2011 to align with the ownership element as documented within the Codes of Good Practice. The Codes of Good Practice recognises a BWO enterprise with a minimum ownership of 30% for reporting on procurement expenditure, whereas Eskom insists on a 50+1% ownership, as per legislative requirements. Enterprises with 30% black women ownership are classified as black-women empowered enterprises.
Eskom has realised their oversight with regard to the BWO/BO status and this must be amended.
Up to this point I think I understand this
A grace period up to the 31 August 2011 is therefore given to all existing suppliers to adhere to the Codes of Good Practice as mentioned above. After the grace period has lapsed, those who have not complied will automatically forfeit the BWO/BO status, with no exceptions being made
But I don't understand this. What are the unenlightened ones referring to? Complied with a 50% level or a 30% level. Are they saying that if you comply with the 50% you don't qualify because they want 30%?