1. Articles in category: Preferential Procurement

    1-24 of 98 // 1 2 3 4 »
    1. The right business structure will unlock BEE supply prospects

      Explore SmartProcurement.co.za (Jul 1 2014)

      The right business structure will unlock BEE supply prospects

      An understanding of what drives the procurement decision can be the advantage that wins that next tender or that next customer.

      Traditionally the main drivers of any procurement decision are price, quality and service, but with the importance placed on BEE compliance, the fourth driver of procurement decisions is a supplier’s BEE status.

      Amended Codes' Preferential Procurement scorecard

      (Read Full Article)

    2. Govt on track to meet procurement target

      Explore iol.co.za (Jun 18 2014)

      Govt on track to meet procurement target

      Government was well on its way to meeting the 75 percent local procurement target set by President Jacob Zuma before 2019, trade and industry minister Rob Davies said on Wednesday.

      Speaking during the debate on Zuma's state-of-the-nation address, Davies said: “We are on target to meet this before the end of this term.”

      Davies defended the central theme of Zuma's speech which was “radical economic transformation”.

      (Read Full Article)

      Mentions:   South Africa   Parliament   Jacob Zuma

    3. Proudly SA welcomes local procurement commitment

      Explore SA News (Jun 18 2014)

      Proudly South African (Proudly SA) has welcomed the new administration’s commitment to promote local procurement.

      Delivering his State of the Nation Address (SONA) on Tuesday night, President Jacob Zuma announced that government will continue to roll out the implementation of the Industrial Policy Action Plan, which will help promote local procurement.

      It will also increase domestic production by having the state buy 75% of goods and services from South African producers.  "President Zuma and the government's commitment to ‘Buy Local’ speaks directly to job creation and efforts to alleviate the triple challenges of unemployment, poverty and inequality in ...

      (Read Full Article)

      Mentions:   South Africa   Department of Trade and Industry   Transnet

    4. Black business should be in public works

      Explore BDlive (Jun 11 2014)

      Black business should be in public works

      An intervention is required to enhance black participation in procurement in engineering and construction, writes Thami Mazwai

      (Read Full Article)

    5. Rob Davies puts teeth in pact to buy local goods

      Explore iol.co.za (Jun 6 2014)

      Rob Davies puts teeth in pact to buy local goods

      The local procurement accord, which aims to promote the buying of South African goods and services, should now be presented as an instruction rather than in the form of an appeal or advice, Trade and Industry Minister Rob Davies said yesterday.

      Davies told Business Report that, although the aspirational target of 75 percent local procurement was a good move, the government and public entities should now be obliged to procure at this level.

      (Read Full Article)

      Mentions:   South Africa   Johannesburg   Department of Trade and Industry

    6. First lady of small business with a big load of work

      Explore BDlive (Jun 4 2014)

      First lady of small business with a big load of work

      In her new job as Small Business Development Minister, Lindiwe Zulu can make a big difference to South Africa’s fortunes. But a lot of work lies ahead for her and fellow ministers in the sector.

      One task awaiting her is to "massify" the many good policies that already exist but which lack sufficient scale. Others are to secure a part of the government’s annual procurement budget of nearly R190bn for goods and services for the small business sector, cut red tape and ensure that the government pays small businesses on time as it has promised repeatedly to do ...

      (Read Full Article)

      Mentions:   Brazil   South Africa   Angola

    7. BEE, employment equity to be improved in new government

      Explore SA News (May 24 2014)

      The implementation of Black Economic Empowerment (BEE) and employment equity will be improved in the new administration’s five-year term, under newly inaugurated President Jacob Zuma.

      “We will improve the implementation of the employment equity and BEE laws during this term,” the President said on Saturday.

      Addressing the nation shortly after being inaugurated for a second term in office, President Zuma said while progress has been made in changing the ownership and control of the country’s economy, “much more work” must be done.

      (Read Full Article)

      Mentions:   South Africa   Jacob Zuma   Pretoria

    8. Small business support ‘best left to business’

      Explore BDlive (May 16 2014)

      Small business support ‘best left to business’

      SANLAM CEO Johan van Zyl has fired a broadside at the government’s plan to set up a small business ministry, saying better outcomes are possible if businesses themselves ramp up efforts to support and grow smaller suppliers in their value chain systems.

      The ruling African National Congress, which easily won the May 7 elections despite pressure from jobs-focused new parties, is expected to set up a ministry to oversee small, medium-size and micro enterprises when it reconfigures the country’s government departments.

      (Read Full Article)

      Mentions:   South Africa   ANC   Rob Davies

    9. Supply chain professionals must support local suppliers

      Explore supplymanagement.com (May 15 2014)

      Supply chain professionals must support local suppliers

      Supply chain professionals have a responsibility to develop local suppliers and must step up to meet the challenge. This was the view of Peter van Rijs, supply chain manager, MENA at Shell speaking at the CIPS Middle East Conference in Dubai this week. Van Rijs told delegates that both governments and communities expect to benefit from the investment and resources of businesses through capacity building and job creation, and there are advantages for companies too.

      (Read Full Article)

      Mentions:   Iraq   CIPS   Qatar

    10. Davies dismayed by below-target black ownership in construction sector

      Explore Engineering News (May 5 2014)

      Davies dismayed by below-target black ownership in construction sector

      While Trade and Industry Minister Dr Rob Davies has commended the release of the first baseline report for the construction sector, which focuses on the progress made on the implementation of a Construction Sector Code – a requirement in terms of broad-based black economic-empowerment (BBBEE) policy – he has expressed concern that BBBEE targets in the sector remain unachieved.

      (Read Full Article)

      Mentions:   South Africa   Lesotho   Pretoria

    11. New supplier development body set up to stimulate infrastructure localisation

      Explore Polity.org.za (Apr 24 2014)

      New supplier development body set up to stimulate infrastructure localisation

      A new business association has been formally launched to link foreign suppliers of equipment to State-owned companies (SoCs) with large and small domestic companies in an effort to improve prospects for higher levels of local content in South Africa’s multibillion-rand infrastructure programme.

      Known as the Industrialisation Supplier Development Association (ISDA), the organisation was unveiled during a televised breakfast in Sandton on Thursday, hosted by SABC 2 and The New Age newspaper and addressed by Public Enterprises Minister Malusi Gigaba.

      (Read Full Article)

      Mentions:   South Africa   Transnet   Sabc

    12. New supplier development body set up to stimulate infrastructure localisation

      Explore Engineering News (Apr 24 2014)

      New supplier development body set up to stimulate infrastructure localisation

      A new business association has been formally launched to link foreign suppliers of equipment to State-owned companies (SoCs) with large and small domestic companies in an effort to improve prospects for higher levels of local content in South Africa’s multibillion-rand infrastructure programme.

      (Read Full Article)

      Mentions:   Japan   South Africa   Transnet

    13. State committed to MSMEs growth

      Explore times.co.zm (Mar 5 2014)

      State committed to MSMEs growth

      Zambian Government is implementing various strategies to ensure Micro Small and Medium Enterprises (MSMEs) progressively migrate to large-scale enterprises, President Michael Sata has said. Mr Sata said on his Facebook wall yesterday that some of the initiatives to help the migration of MSMEs were the full implementation of preferential procurement as provided under the Citizens’ Economic Empowerment Act, linking the MSMEs to the export market.

      (Read Full Article)

    14. Impact of Amended B-BBEE codes to South African Business

      Explore Polity.org.za (Feb 4 2014)

      Impact of Amended B-BBEE codes to South African Business

      The amended Broad-Based Black Economic Empowerment (B-BBEE) Codes published on 11 October 2013 will prove problematic to the current BBBEE status of many South African businesses. This is according to John Botha, Labour Law Specialist.

      The recent amended Codes include a number of provisions that are likely to place pressure on businesses’ B-BBEE verification scores as they attempt to retain their current status. The provisions which may prove challenging for businesses include:

      • The B-BBEE levels and the corresponding points required have been recalibrated. As an example, a score of 86 that once measured a level 2 will now be classified ...
      (Read Full Article)

      Mentions:   Bloomberg

    15. Treasury’s procurement chief outlines far-reaching reform agenda

      Explore Polity.org.za (Jan 31 2014)

      Treasury’s procurement chief outlines far-reaching reform agenda

      A helicopter view of South Africa’s public-sector procurement system highlights not just its scale, scope and complexity, but also some of its key fragilities. Every year, departments and agencies across the three tiers of government spend more than R460-billion on procuring goods and services, ranging from automobiles for the police, to textbooks for schools and medication for hospitals.

      (Read Full Article)

      Mentions:   South Africa   Pravin Gordhan   National Treasury

    16. Motlanthe laments shortcomings of BBBEE implementation

      Explore Engineering News (Jan 29 2014)

      Motlanthe laments shortcomings of BBBEE implementation

      In a rare criticism of transformation legislation, Deputy President Kgalema Motlanthe has conceded deficiencies in broad-based black economic empowerment (BBBEE), saying on Wednesday that shortcomings in the implementation of this legislation had emerged. 

      Speaking at the Mail & Guardian’s 20 Years of Economic Transformation Summit, in Sandton, he asserted that, among others, emphasis on ownership and senior management had unintended consequences, resulting in fronting, speculation and abuse of the tender system.

      BBBEE regulations, Motlanthe said, had also failed to adequately incentivise job creation and provide support for small enterprises and local procurement.

      (Read Full Article)

      Mentions:   South Africa

    17. Five tips: Developing a local content supply chain policy

      Explore supplymanagement.com (Jan 28 2014)

      Five tips: Developing a local content supply chain policy

      Local content is a policy tool used by some countries to create jobs and develop local supply chains to become internationally competitive. Local content requirements usually include a combination of mandates to investing companies to develop and employ local people, to procure local goods and services, develop local suppliers and to transfer technology through licensing arrangements, joint ventures, training or other means.

      (Read Full Article)

    18. Standard Bank, Massmart set up R20m assistance facility for BEE contractors

      Explore Engineering News (Jan 22 2014)

      Standard Bank, Massmart set up R20m assistance facility for BEE contractors

      Standard Bank has joined forces with construction materials group Massbuild to provide a R20-million credit facility for select black economic-empowerment (BEE) building contractors, aimed at enabling them to establish sustainable businesses and improve their ability to deliver as preferred suppliers to government.

      (Read Full Article)

    19. Hard targets eyed for black procurement

      Explore BDlive (Nov 12 2013)

      Hard targets eyed for black procurement

      Department’s "hard targets" for state-owned companies seen as alternative to mandatory "set asides" wanted by Black Business Council

      (Read Full Article)

      Mentions:   Parliament   Department of Trade and Industry   Transnet

    20. ‘Mining industry the most transformed’

      Explore iol.co.za (Nov 5 2013)

      ‘Mining industry the most transformed’

      Johannesburg - The mining industry is currently the most transformed of all the country's major industries, the Chamber of Mines of SA said on Tuesday. “Whatever our shortcomings, and we know we have a way to go, we believe the industry is currently (more) extensively transformed than any of South Africa's major industries,” CMSA outgoing president Mike Cutifani said.

      “Our achievements on procurement from previously disadvantaged South Africans range from 39 to 67 percent on capital goods and services - against a target of 20 to 50 percent.”

      (Read Full Article)

      Mentions:   South Africa   Johannesburg

    21. New BEE codes could polarise business and state

      Explore iol.co.za (Oct 30 2013)

      Broad-based black economic empowerment (BEE) has had a significant impact on the way business is done in South Africa – particularly for owner-managed small and medium-sized companies, family firms, professional practitioners as well as large public interest entities.

      This is despite the fact that the BEE compliance standard and environment is voluntary and self-regulatory.

      There are numerous examples of challenges that test the credibility and viability of the government’s broad-based BEE initiative to promote economic transformation to enable meaningful participation in the economy by black people. These include delays of four years and more by organs of state and state-owned ...

      (Read Full Article)

      Mentions:   South Africa

    22. Amended BEE Codes of Good Practice gazetted

      Explore Polity.org.za (Oct 15 2013)

      Amended BEE Codes of Good Practice gazetted

      Companies would be granted a one-year transitional period to align with and prepare for the implementation of the revised broad-based black economic empowerment (BBBEE) Codes of Good Practice following its gazetting on Friday. This seemed to be the only good news to emerge out of the newly gazetted codes, global audit, tax and advisory firm Mazars national BBBEE leader Tony Balshaw noted on Monday.

      (Read Full Article)

      Mentions:   South Africa   Rob Davies

    23. Amended BEE Codes of Good Practice gazetted

      Explore Engineering News (Oct 14 2013)

      Amended BEE Codes of Good Practice gazetted

      Companies would be granted a one-year transitional period to align with and prepare for the implementation of the revised broad-based black economic empowerment (BBBEE) Codes of Good Practice following its gazetting on Friday. This seemed to be the only good news to emerge out of the newly gazetted codes, global audit, tax and advisory firm Mazars national BBBEE leader Tony Balshaw noted on Monday.

      (Read Full Article)

      Mentions:   South Africa   Rob Davies

    24. Time to redesign black economic empowerment

      Explore BDlive (Oct 7 2013)

      Time to redesign black economic empowerment

      There can be no question that a transfer-of-wealth programme had to be a national imperative after apartheid. That is obvious to us all.  Political promise can be validated only in economic delivery. In our particular case it is also abundantly clear who the money should come from (the white privileged) and who it should go to (the black previously disadvantaged). Why then, have we made such a hash of it?

      There were so many flaws in the design of black economic empowerment (BEE) it is hard to know where to start. R600bn in BEE transactions to date is a small ...

      (Read Full Article)

      Mentions:   South Africa   Jacob Zuma

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