The University's policy with regard to preferential procurement and Broad-Based Black Economic Empowerment is as follows:
- The preferential policy should not compromise the University in respect of price or quality of goods and services.
- All University suppliers have to provide information to the Procurement Division indicating the degree to which the organisation meets the requirements of Broad-Based Black Economic Empowerment by means of a valid B-BBEE rating certificate. When this information changes, the supplier is responsible for providing the latest information to the University.
- The Procurement Division maintains a database with information on the Broad-Based Black Economic Empowerment status of all its active suppliers. Only suppliers who have provided the relevant information will be utilised by the University.
- In accordance with the preferential procurement targets as stipulated in the Codes, the University strives to achieve a target of 25% for BEE Procurement Spend with Empowering Suppliers with a minimum of 51% black owned in 2019.