Fraud, manual processes, and authentication delays in Broad-Based Black Economic Empowerment (B-BBEE) compliance in South Africa will soon be eliminated, thanks to the introduction of a new solution, certificate authentication, and supplier compliance platform.
This follows the recent strategic partnership between The Good People Data Company (TGPDC) and the Black Economic Empowerment (BEE) Chamber, which resulted in the solution.
The joint solution is designed to eliminate fraud, manual processes and authentication delays in B-BBEE compliance.
It aims to provide corporates, lenders, insurers and procurement teams with direct access to authenticated, directly sourced and verified B-BBEE data.
The platform's introduction comes as the B-BBEE Commission warns that fraudulent activity is on the increase, with estimates indicating that up to 5% of all BEE certificates may be invalid.
The organisations said powered by TGPDC’s Verify orchestration engine alongside the BEE Chamber’s experience in B-BBEE certificate management, the new platform creates a single, source for B-BBEE certificate validation, supplier screening and compliance monitoring.
The system runs on TGPDC’s Verify FLEX platform, enabling organisations to easily set up, automate, and scale their B-BBEE authentication processes without any development work.
JK du Toit, director at TPGDC, described the partnership as a move away from traditional document management: “This collaboration with the BEE Chamber allows us to move B-BBEE compliance from a manual, document-based process into a direct automated , trusted digital ecosystem. We are building the infrastructure that enables confidence, speed and integrity across the entire supply chain”.
Yuneal Padayachy, chief support officer at the BEE Chamber, added that partnering with TGPDC enables their authentication ecosystem to operate at enterprise scale, providing businesses with immediate access to authenticated certificates, affidavits, and data while protecting the B-BBEE framework's integrity.
In a statement, the two parties said with rising regulatory scrutiny, Environmental Social & Governance reporting requirements and transformation mandates that the need for trusted, authenticated and validated B-BBEE data has never been greater.
This partnership, according to the parties, sets a new benchmark for managing compliance in South Africa, transitioning the sector from fragmented processes to a direct, digital, audit-ready infrastructure.
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