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Transforming Business

The RMI is in the process of establishing a national registry of the broad-based black economic empowerment status of its members, explains RMI CEO JEFF OSBORNE.
The RMI is frequently inundated with enquiries from potential clients such as fleet owners, corporates and insurance companies pertaining to the broad-based black economic empowerment (BBBEE) status of our members. In view of this, we have decided to establish a national registry as a quick reference to determine participating members’ BBBEE status.
Participation in this free marketing exercise is entirely voluntary. All you have to do to ensure that your company’s details are included in this National Registry of BEE Compliant Enterprises, is to download the text box from the RMI website at, print it and then fax the page as well as a copy of your current BEE certificate to 086-568-3995. If you don’t have a valid BEE Certificate, but would like to obtain one, please feel free to contact the RMI4BEE help line on 0861-764-233.
The RMI embarked on an active transformation strategy in 2011. As a first step, we appointed a transformation committee that is responsible for the introduction of broad-based initiatives that will serve the interest of all RMI members in support of transformation.
The purpose of these initiatives is to remove all uncertainty about the national transformation agenda with respect to BBBEE. It also aims to guide our members to make informed decisions about addressing BBBEE in their business through strategic advice, training and specific solutions.
Our first order of business is to gain a comprehensive understanding of the current state of transformation in the motor industry. For this reason we have launched a national BBBEE survey, which will be employed to construct the RMI Transformation Index.
The National Treasury released the revised Preferential Procurement Regulations, which have been aligned with the aims of the Broad-based Black Economic Empowerment Act and its associated Codes of Good Practice. The revised regulations are also in line with government’s Industrial Policy Action Plan.
The draft regulations were published for comment in 2009, a process that resulted in more than 150 comments being received by the National Treasury. The new regulations became effective as of 7 December 2011 to allow enterprises to become BEE rated. This will also allow time to train all supply chain practitioners on implementing the revised regulations.
Please contact us should you require any extra information. In addition, look out for the March issue of Automobil for an interview with Nunben Dixon, Director of Finance and Human Resources at the RMI, who’ll discuss the topic of transformation and the changing composition of the RMI Board.
In order to enable us to construct this index, we ask that you complete the questionnaire on page 48 and return via e-mail to or fax to 086-245-2499.