Invoicing & Payment,
Spend Analysis & Benchmarking,
Supplier Relationship Management,
B2B Social Media: Online Supply Communities, Open Innovation, SM B2B Marketing, SM Customer Driven Support
Industry Groups: Construction, Defence & Aerospace, Education, Financial Services, Healthcare, Manufacturing & Automotive, Public Sector, Resources, Retail & CPG/FMCG, Utilities
Categories / Commodities: Business Travel, Capital Equipment, Construction & Building, Electronic & High Tech, Fuels & Lubricants, Managed Print Services, Marketing & Advertising, Metals & Minerals, Office Suppliers, Services Procurement, Supply Chain Management, Transport & Logistics
Procurement People: Careers, Leadership, People on the move, Talent Management
Articles in category: Supplier Diversity
Government has proposed a new framework for funding state-owned companies, which will include closer monitoring of such entities.
In the Medium Term Budget Policy Statement (MTBPS) tabled in Parliament on Wednesday, National Treasury has said that state-owned companies and public entities play important roles in realising government’s economic and social mandate.
These entities need to be financially sound and operationally effective, contributing to development without draining the fiscus.
“Government is proposing a new framework for funding state-owned companies that will distinguish purely commercial activities from the costs of exercising their developmental mandate,” said National Treasury in the MTBPS.
Though there’s long been plenty of reasons to be sceptical, it’s increasingly reasonable to suggest that supplier diversity is a rising influence in the procurement decision-making process. It used to be asked: ‘Isn’t that a US concern?’, but judging by the caliber and sincerity with which top procurement professionals discussed the topic at last week’s MSDUK Conference in London, that’s gradually becoming a redundant question.
But the lessons here aren’t just for the UK, where some of these conversations are happening now, they apply to the larger ethos of procurement and how businesses go ...(Read Full Article)
MAJORITY of more than 900,000 active tax-paying companies operating in the South African economy will be affected by the new empowerment codes that are coming into effect from May next year, the Department of Trade and Industry said on Friday.
The new requirements were gazetted two weeks ago, with the comment period ending on November 14. They are for businesses with a R10m-R50m annual turnover. The codes, which are also referred to as the qualifying small enterprises (QSE) codes and their amended codes, are aimed at boosting small business participation in the mainstream economy.(Read Full Article)
Trade and Industry Minister Rob Davies has gazetted the second phase of the Amended Broad-Based Black Economic Empowerment (B-BBEE) Codes of Good Practice for public comment.
It’s been previously stated here at CPO Rising that the business travel category has been on both a budgetary and strategic rise over the past half-decade; as more and more enterprises rely on business travel to foster customer relationships, spark new business development and maintain core supplier unions, it becomes critical for the average enterprise [...](Read Full Article)
Entrepreneur forced to sell up and move in with his grandmother in Soweto because government failed to pay him on time.
Although the government is big on promoting small businesses and creating jobs, it kills small businesses and loses jobs because of slack paying.(Read Full Article)
Kellogg’s has announced a new commitment to enable improved productivity of 15,000 smallholder farmers in its agricultural supply chain, with a focus on rice, as well as support the reduction of greenhouse gas emissions. The company made the announcement this week at the UN Climate Summit held in New York. Rice is a staple food for more than half the world's population, and is grown by a number of smallholder farmers in several parts of the world.(Read Full Article)
Economic and social transformation in South Africa is an evolving and fluid issue, with the rules being written by, and through our actions. The revision of the Codes of Good Practice (RCoGP) governing B-BBEE is a reflection of some of this fluid nature over approximately the past seven years.(Read Full Article)
It is critical we approach supplier development “with the right intentions”. This was according to Mark Frankel, the CEO of Shanduka Black Umbrellas, a nonprofit company involved in the support of emerging black businesses through enterprise development.(Read Full Article)
On August 21, the South African Department of Trade and Industry issued an instruction that any future shipbuilding for the state or state-affiliated organisations must have 60% local content, Southern African Shipyards marketing GM Charles Maher said.(Read Full Article)
Transnet Port Terminals CEO Karl Socikwa says the assembly of rolling stock will be beneficial for the development of the local manufacturing sector.(Read Full Article)
The Department of Trade and Industry (DTI) aims to improve the enforcement of localisation by having the Auditor General flag as “irregular expenditure” any flouting of buy-local procurement rules by government departments and State-owned companies.
Preferential Procurement Policy Framework Act regulations came into force on December 7, 2011, empowering the DTI to ‘designate’ the products that should be sourced locally.(Read Full Article)
SA’s small-business policy is like a mother feeding a baby with one hand and throttling it with the other. Small business is big business, if new Small Business Development Minister Lindiwe Zulu is taken seriously. But will her department be another costly farce? What small business needs is not rocket science. Nor is that which makes it almost impossible for her to succeed: all of her Cabinet colleagues and most departments and agencies contribute to a relentless tsunami of anti-small-business measures.
Meaningless promises of red-tape reduction have been made repeatedly by President Jacob Zuma and the worst-offending ministries: finance ...(Read Full Article)
Small Business Development Minister Lindiwe Zulu says she is ready to become the voice of small business in South Africa.
ESKOM, under newly appointed CEO Tshediso Matona — currently the director-general of the Department of Public Enterprises — will be more tightly controlled by the department in future.
Not only will Mr Matona want to improve on what he says was Eskom’s failure to account properly, but he will have to ensure that the utility complies with a proposed bill that the department is working on.
The Government Shareholder Management Bill, which the department hopes to submit to Parliament by the end of the fiscal year, will set the legislative framework in which all state-owned companies will have to function.(Read Full Article)
Hollard and Telesure have launched a pilot programme to lower the barriers to entry for small motor body repair (MBR) companies and put them at the forefront of preferred suppliers.(Read Full Article)
The IFMIS Department, National Treasury of Kenya has launched electronic procurement (e-Procurement) with the aim of promoting openness and accountability in the use of public money, thereby easing the cost of doing business. E-Procurement is an automated business process which includes procurement ...(Read Full Article)
Small Business Development Minister Lindiwe Zulu says the long-term solution to South Africa’s unemployment crisis is to create a nation of entrepreneurs and not a nation of job-seekers.
“South Africa is a youthful country. The long-term solution to the nation’s unemployment crisis is to create a nation of entrepreneurs, and not a nation of job-seekers.(Read Full Article)
The fourth annual Bespoke Supplier Development Seminar and Workshop took place in Midrand, Gauteng, from July 29 to 30. Presentations were made by Royal Bafokeng Enterprise Development, SA Supplier Diversity Council,Passenger Rail Agency of SA (Prasa), Empowerdex; Martjie Cloete, Council for Scientific and Industrial Research (CSIR) and Shanduka Black Umbrellas.(Read Full Article)
Procurement can be a force for good in the world. That was the central message of the CIPS Pan African Conference, held in Lusaka, Zambia last week. The continent faces huge challenges around development and poverty, but procurement offers a way out. By choosing to buy from local suppliers, governments and businesses have the power to generate jobs and incomes.(Read Full Article)
Trade and Industry Minister Dr Rob Davies has assured that the Department of Trade and Industry (DTI) would be “playing its part” in ensuring that government procured 75% of its goods and services from local companies, announcing on Tuesday the next designation of products for government procurement. These included steel, conveyance pipes, transformers, building and construction materials and rail signalling and components.(Read Full Article)
Small Business Development Minister Lindiwe Zulu has hinted at reviewing legislation and regulations that make it difficult for small businesses to survive.
The minister says her department will, over the next few months, put a microscope over these regulations to see how they can be improved.
She said this when she briefed journalists in Pretoria ahead of delivering her department’s budget vote tomorrow.
“We will do this in consultation with all stakeholders. We will focus on creating an enabling environment for small business to grow and thrive,” she said.
SMALL security companies are poised to cash in on the possible divestment by the industry’s large players should President Jacob Zuma sign the bill compelling dominant players to cede majority shares to locals.
The newly formed Progressive Security Providers Association (PSPA) maintains that the signing of the Private Security Industry Regulation Amendment Bill into law would open up an industry "controlled by a small number of foreign and white-owned players".
Representing 10% of the R50bn sector, the foreign-owned companies, including subsidiaries of major multinationals, have been up in arms over the bill, introduced by former police minister Nathi Mthethwa ...(Read Full Article)
The introduction of the amended Broad-Based Black Economic-Empowerment Codes of Good Practice on May 1, 2015, could result in more than half the economy becoming noncompliant. The revamped codes were published on October 11, 2013, and the transitional period was initially scheduled to endure for a year until October 10, 2014.(Read Full Article)