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Articles in category: Supplier Diversity
Explore MarketSqr Blog (Mar 18 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)
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.
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)
CHEVRON SA has warned that should the building of a Cape Town harbour oil-storage terminal go ahead, this would eventually mean the shutdown of its Western Cape refinery and lead to the loss of thousands of direct and indirect jobs.
On Tuesday, the National Energy Regulator of SA (Nersa) held public hearings into whether Burgan Cape Terminals should be allowed to operate a vendor-neutral facility in the Cape Town harbour.
Burgan Cape Terminals is 70% owned by Dutch-based fuel-storage operator VTTI, with black economic empowerment partners Thebe Investment Corporation and Jicaro each holding a 15% stake.(Read Full Article)
Cabinet approves implementation of programme to ensure compliance by government departments with policy on procuring goods, services from local suppliers(Read Full Article)
STATEMENT Published 09 Nov 2014
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#Construction #200 Small Macro Medium Enterprises #Cleaning #Andile Ntloko(Read Full Article)
Shell Supplier Diversity is introducing a new strategy and technology to create efficiencies while helping potential suppliers interested in doing business with Shell. The new Shell Diverse Supplier Pipeline Management System, which Shell developed, will make the sourcing process more transparent and easier for Shell Supplier Diversity to identify current opportunities for minority business enterprises (MBEs), women-owned business enterprises (WBEs) and Small Business Enterprises (SBEs).
The system will also track the progress made by diverse businesses introduced to Shell stakeholders.(Read Full Article)
The Department of Small Business Development is working towards reversing the high failure rate of new small businesses.
Pretoria – President Jacob Zuma has appointed new members of the Presidential Black Economic Empowerment (BEE) Advisory Council.
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.
Knock-on effects include inability to repay loans and to obtain tax clearance certificates for tendering purposes(Read Full Article)
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)