Broad-based Black Economic Empowerment
Click here to view the latest GlobeTOM BBBEE Compliance Certificate
Introduction
GlobeTOM Trading has been independently rated and has been awarded Level 3 BBBEE Compliance with a score in the range of 75% to 85%. GlobeTOM has also been classified as a Value Adding enterprise which means that an additional 25% procurement recognition adjustment is made to the GlobeTOM procurement recognition level. This all means that customers procuring services from GlobeTOM obtains 137.5% procurement recognition.
Statement of commitment to Broad-based Black Economic Empowerment
GlobeTOM Trading Management have committed to retain Level 4 certification or better, giving our customers the assurance that they will enjoy at least 100% procurement recognition for business placed with GlobeTOM. The company will place key focus on the following
four areas of BBBEE:
BEE Rating
GlobeTOM Trading is a Qualifying Small Enterprise (QSE) and therefore qualifies for the BEE Code 801 rating criteria for QSE's as outlined in the latest BEE Codes by the South African Department of Trade and Industry.
GlobeTOM Trading uses the Emex Trust as independent Rating Agency. Claims of BEE compliance made on the GlobeTOM Web Site may be verified with the Emex Trust by customers and partners. The Emex Trust conducts an annual audit of GlobeTOM's BBBEE compliance and issues an audited BBBEE certificate of compliance strictly in line with the DTI BBBEE Codes.
