South Oceans aims to lift BEE score to win government contracts
Improving its rating will enable the manufacturer of electrical cables to do business in the public sector with a specific focus on state-owned entities and municipalities
South Ocean Holdings wants to increase its broad-based BEE (BBBEE) score to win public contracts, the listed manufacturer and distributor of low-voltage electrical cables says.
South Ocean manufactures the electrical cables through its subsidiary South Ocean Electric Wire Company. It also owns Anchor Park, a property holding company.