Disclosure

Due to the industry being under severe pressure in capacity, distrust in the quality of verification in particular ownership, the shareholders and director decided that the verification agency will make sure that verifications be conducted, that trust be regained in the industry towards verification agencies.

Fronting has been a huge issue and this is what we want to erase.

Hanlie Malan has extensive knowledge in the verification industry being Director and Nominated Representative.

The Company takes full responsibility for all actions taken and BEE activities undertaken as well as the issue of BEE certificates. This includes legal responsibility.

The Company will not have shareholding, financial interest or any other interest as defined in clause 10.2 of the R47-02.

The Business has a substantial operating capacity in terms of:

  • Offices (with an indefinite lease term);
  • Finances being funded by Hanlie Malan up until the accreditation is obtained and financial stability is obtained;
  • Administration;
  • Verification capacity, both in terms of competent verification analysts and a verification implementation manual and procedures;
  • Information Technology;
  • Proper offices with sufficient security protection and health and safety.