BBBEE

South Africa’s only sizeable supplier of formwork and scaffolding with a BBBEE Level 2 certification.

Why is black ownership important?
Government and State Owned Enterprises have made it a prerequisite that suppliers are black owned. Having 51.56% black equity, Waco Africa is the only sizable supplier of formwork and scaffolding in South Africa to have achieved Level 2.

What are the benefits of working with an Empowering Supplier?
As Form-Scaff is an Empowering Supplier, 125% of your total spend can be claimed when calculating the Enterprise and Supplier Development (ESD) spend on your BBBEE scorecard.

And working with a Level 2 Black Owned Supplier?
Your full spend can be claimed again, doubling your ESD scorecard investment.

What does a 125% procurement recognition level mean?
A Rand spent on Form-Scaff products and services counts as R1,25 when calculating your ESD score.

How important is it to work with black owned suppliers?
Apart from the BBBEE Scorecard benefits, your support of black owned suppliers can be sold on positively to the ultimate client. It is also a reflection of your commitment to transformation, growth and sustainability within South Africa.

Who owns Form-Scaff?
We are a wholly owned division / subsidiary of Waco Africa (Pty) Ltd which has 46.49% black economic ownership. This includes 16.67% of our equity being owned by black women and 10.63% falling into the Black Designated Ownership group.