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Articles in category: Supplier Diversity
DA: Geordin Hill-Lewis says irrational new tender policy only serves ANC’s narrow-based re-enrichment scheme
The proposed amendments to the Preferential Procurement Regulations which govern the tender process to be followed by government are irrational and ought to be scrapped. I will today write to the Minister of Finance, Nhlanhla Nene, requesting him to withdraw the amendments with immediate effect.(Read Full Article)
A series of supply chain events for suppliers wanting to get involved with the £1 billion Tidal Lagoon infrastructure project in Swansea has launched. The “awareness events” are aimed at introducing Welsh construction and advanced manufacturing businesses to tier one delivery partners of the scheme by Tidal Lagoon Swansea Bay, and for suppliers to understand what opportunities are available. The Swansea Bay Tidal Lagoon project is being developed by Tidal Lagoon Power.(Read Full Article)
GOVERNMENT tenders up to R10m will in future be evaluated only 50% on price and 50% in terms of black economic and women’s empowerment and other criteria, say draft regulations published for comment by the Treasury last week. The amendment to the regulations under the Preferential Procurement Policy Framework Act of 2000 has been an intense lobbying point for black business since they were first passed in 2011.(Read Full Article)
THE government and black business want to see a new wave of black economic empowerment (BEE) and are pulling the levers to get it started. But as the pressure ratchets up, the old debates are sure to arise: must firms continuously do new deals to maintain their ownership levels? Is BEE about redress and redistribution or about transformation? And what is the endgame for BEE in the economy? A new assertive phase of BEE kicked off on May 1.(Read Full Article)
An incubator establishment handbook has been launched to help improve the quality of applications for the establishment of business incubators in South Africa.
Enterprise development expert says introduction of the empowering supplier status measure in the amended BEE codes will create new levels of opportunity, writes Stephen Timm(Read Full Article)
How will an organisation’s upcoming skills development submission impact on its future BBBEE ratings and what steps can be taken to maximise their scores in this element?(Read Full Article)
New legislation aimed at strengthening governance to ensure that all state-owned enterprises (SOEs) function more effectively and efficiently is on the cards, according to the Minister of Public Enterprises, Lynne Brown.(Read Full Article)
The majority of companies in South Africa’s vast mining sector have not met their transformation responsibilities in the ten years to 2014, Mineral Resources Minister Ngoako Ramatlhodi said on Tuesday.(Read Full Article)
The new Automotive Incubation Centre at Nissan, which will be launched on Wednesday, is expected to radically transform the economy.
This standard-setting work from Anglo American is now informing an industry-wide programme through a partnership with the Chamber of Mines. “Anglo were the first to start doing this, but what we found as we engaged with other mining companies like Anglo Gold Ashanti is that they were also starting something similar,” says Ramlochan.(Read Full Article)
Prasa CEO Lucky Montana says small black businesses will get a role in the manufacturing of 580 train-sets to be built in South Africa up to 2035(Read Full Article)
When President Jacob Zuma addressed the inaugural meeting of the Broad Based Black Economic Empowerment Council (B-BBEE Council) this week, he put emphasis on the urgency of implementing our economic policies so as to effectively transform its structure and that it reflects the country’s demographic.
There was enough scope in South Africa to make local procurement of goods and services feasible, Shanduka Black Umbrellas COO Seapei Mafoyane said during the Proudly South Africa Buy Local Summit and Expo, in Sandton, recently.(Read Full Article)
The failure of one in seven small and medium-sized enterprises (SMEs) within the first year of operation was not a result of a lack of access to funding, asserted Absa South Africa head of business banking Happy Ralinala.(Read Full Article)
The South African government has set aside 30% of all government contracts to support small businesses and co-operatives in a bid to boost township and rural economies.
Explore MarketSqr Blog (Feb 13 2015) Invoicing & Payment , Preferential Procurement , Procurement Ethics , Procurement Technology , Sourcing , Supplier Diversity , Public Sector , Supply Chain Management
On 25 February 2015, South Africa's Finance Minister Nhlanhla Nene gave his first full budget speech since taking up the position. The minister faced a hard task – reducing the budget deficient and balancing the needs of a developing country in a time of reduced economic growth.(Read Full Article)
Noting that the South African public sector spent an “enormous” R500-billion on goods and services and construction works in the 2013/14 fiscal period, National Treasury has called for various reforms of government’s strategic sourcing, procurement and supply chain management (SCM) practises.(Read Full Article)
Namibia Power Corporation, the state-owned utility planning a $300 million gas-fired electricity plant venture, says construction will start before mid year.(Read Full Article)
At the end of November, the local chapter of WEConnect – a global voluntary organisation of women-owned enterprises – held an event to celebrate their first full year of presence in SA, and the guests of honour where budding women business owners.(Read Full Article)
In a move that seeks to bridge the growth gap between the mining companies and the Small, Medium and Micro Enterprises (SMMEs) in the North West province, the Department of Mineral Resources in collaboration with the North West Provincial Government held a one day workshop at Rustenburg Civic Centre, Bojanala Platinum District.(Read Full Article)
The ITC assists enterprises in exploring new markets and entering value chains(Read Full Article)
Power utility says it has signed coal supply deal with Anglo American’s black empowerment company to have coal delivered from New Largo project to Kusile(Read Full Article)