Ecsponent Development Fund takes control of BEE procurement for real empowerment

JSE-listed African financial services company, Ecsponent Limited, says that its unique Ecsponent Development Fund (EDF) provides large corporate business with an effective way of managing preferential procurement, improving reliable delivery whilst ensuring true social upliftment and skills transfer for local enterprises.   This is according to Ecsponent CEO, Terence Gregory, who notes that South Africa’s…

B-BBEE must look beyond regulation to be effective

Black Economic Empowerment (BEE) is one of the most highly regulated South African business landscape today. The most recent changes to the regulations have both large corporate businesses and smaller businesses going back to the scorecard drawing board. Terence Gregory, CEO of JSE-listed African financial services company Ecsponent Limited, believes this has contributed to inhibiting…