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UFS again receives Level-4 BBBEE rating

06 August 2020 | Story Leonie Bolleurs | Photo Pixabay

BBEE_read more — Antonie Beukes says although the university is involved in a number of projects that add to its BBBEE rating, considerable attention is given to initiatives to better the lives of some of its suppliers.

For the past two years, the University of the Free State (UFS) has had one of the best Broad-Based Black Economic Empowerment (BBBEE) ratings among universities in South Africa. The university recently received confirmation that its Level-4 rating has been approved for another year.

According to Antonie Beukes, Assistant Director in the UFS Department of Finance, this rating enables the university to compete with the advantage of a 100% procurement level regarding tenders. “It will also help with our third-stream income, and more importantly, this level assures everyone that we are on the right track regarding BBBEE,” says Beukes.

Opportunity to better the lives of others

The university had to work hard to maintain their Level-4 BBBEE status. Beukes says one of the initiatives they focused on was the development of suppliers and enterprises that are not associated with the UFS.

“Many people think of BBBEE initiatives as a project where money is paid, and that is where the buck stops. Although this may get you some points, it is important for the university to better the lives of others.”

“We mostly focus on Exempted Micro Enterprises (EMEs) and Qualifying Small Enterprises (QSEs), because they are the small, start-up companies that need help to be sustainable. Even though assistance can take various forms, such as spending time with suppliers and offering services at a lower cost or free of charge, the university gives considerable attention to providing training to these service providers,” says Beukes.

Always strive for a better rating

The UFS Department of Finance strives to achieve a better rating each year. “The aim for next year will obviously be to be rated as a Level 3 but maintaining the Level 4 will be a big achievement.”

Beukes, however, points out that one needs to be realistic and must keep track of what is going on in the economy, as well as the challenges brought about by the COVID-19 pandemic.

He continues: “Strict new rules regarding BBBEE scoring also came into play last year and we see that most businesses are rating lower scores (higher levels), which directly impact the UFS.”

News Archive

Bloem Campus to host Color Run on 27 February 2016

2016-02-15

Two in millions: 2015 Color Runners doused and dressed in colours of the rainbow.
Photo: The Color Run photographer

Unleash your inner sparkle at The Color Run’s Varsity Tour. The University of the Free State is a proud host of the 2016 Bloemfontein edition. Be counted among the 5 million Color Runners worldwide who walk, skip, shimmy, or hop for five kilometres in the name of fun and charity.

The Color Run is the largest series of events in the world promoting healthiness and happiness. Arina Engelbrecht, Chief Officer at the Health and Wellness Centre, believes that “active people are happy people.” Consequently, she encourages students, staff members, and the community to join in the festivities.

Run to make a difference

Wearing white and being doused from head to toe in the colours of the rainbow while exercising is a very different way of extending a helping hand to those in need. For every ticket sold, R10 will be donated to the No Student Hungry campaign by The Color Run and Capitec Bank.

After running through four colour stations, a spectacular show awaits you at the finish line. The Finish Festival is a combination of colour throws, rainbows, glitter, music, and dancing.

The Color Run takes place on:

Date: 27 February 2016
Time: 16:00
Place: Cricket Grounds, Bloemfontein Campus.

Tickets are available online: www.thecolorrun.co.za at R250 for the public, R190 for students, including a goodie bag, or R90 without a goodie bag. Children under 10 years of age enter free. You will receive a R200 coupon to spend on The Color Run goodies or any product of your choice. Goodie bags may be collected at the Cricket Grounds from 25 February 2016.

For more information, contact hello@thecolorrun.co.za.

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