Public tenders and EME’s: Who will qualify as an EME?
16 July 2015
My business has a turnover of around R6 million. I understand that companies under R10 million will qualify as an... EME under the new BEE Codes and do not have to be verified. However a government official recently told me that for tender purposes the Preferential Procurement Regulations only recognises a company as being an EME if its turnover is less than R5 million. Is this correct and will I have to rate my business?