1. Articles in category: Preferential Procurement

    1-24 of 86 // 1 2 3 4 »
    1. 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)

    2. 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

    3. 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

    4. 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

    5. 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)

    6. 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)

    7. 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

    8. ‘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

    9. 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

    10. 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

    11. 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

    12. 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

    13. Address by the President of South Africa to the Broad-based Black Economic Empowerment Summit

      Explore Polity.org.za (Oct 3 2013)

      Address by the President of South Africa to the Broad-based Black Economic Empowerment Summit

      The country is marking 10 years since the passing of the Broad-based Black Economic Empowerment Act and the implementation of that law. There have been successes and there have also been challenges.   This Summit is intended to reflect on what has worked and what has not, so that we can forge ahead towards building a truly inclusive economy in which the black majority participates fully as owners and managers.

       

      (Read Full Article)

      Mentions:   South Africa   Johannesburg   Department of Trade and Industry

    14. BEE summit to kick off on Thursday

      Explore SA News (Oct 2 2013)

      2013 marks a decade of the existence of Black Economic Empowerment (BEE) in South Africa, with the country set to host the first ever summit on BEE this week.

      President Jacob Zuma is set to open the Broad-Based Black Economic Empowerment (B-BBEE) Summit, which kicks off on Thursday under the theme, ‘A Decade of Economic Empowerment (2003 to 2013)’.

      Through the hosting of the two-day summit, the Department of Trade and Industry (dti) intends to re-orientate the framework, as well as reposition B-BBEE as a catalyst for economic growth and development. It also aims to demystify the myth of B-BBEE ...

      (Read Full Article)

      Mentions:   South Africa   Department of Trade and Industry   Cape Town

    15. Suppliers seek clarity on future REIPPPP local content requirements

      Explore Engineering News (Sep 26 2013)

      Suppliers seek clarity on future REIPPPP local content requirements

      Foreign companies supplying the South African wind energy industry have called for more clarity on the procurement requirements for future rounds of the government’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The requirement for local content was steeply increased to 40% for the third bidding window of the REIPPPP. 

      The Department of Energy also introduced a black identity shareholders requirement, mandating that companies or programmes need to have black South Africans as shareholders. There is a question mark hanging over the local-content requirements for future rounds, as well as how many megawatts will be available to bid for.

      (Read Full Article)

      Mentions:   Africa   South Africa   Germany

    16. Strategy to speed up supplier payments paying off

      Explore SA News (Sep 10 2013)

      Strategy to speed up supplier payments paying off

      Johannesburg - The Gauteng Provincial Government’s strategy to reduce the turnaround time of payments to suppliers is paying off, says Gauteng Premier Nomvula Mokonyane.

      (Read Full Article)

      Mentions:   Johannesburg   Gauteng

    17. State battles to buy local products

      Explore BDlive (Sep 8 2013)

      State battles to buy local products

      Challenges remain to ensure local manufacturers of clothing, and textiles in particular, benefit from state spending, nearly two years after government procurement regulations were passed.  The procurement rules require national, provincial and local government and a number of other government entities, including major groups such as SAA, Eskom, SABC, Denel and Transnet, to ensure purchases comply with certain local content requirements, ranging from 30% for set-top boxes for digital migration to 100% for school furniture.

      (Read Full Article)

    18. Sales of Fairtrade products reach record R234m in SA

      Explore BDlive (Sep 3 2013)

      Sales of Fairtrade products reach record R234m in SA

      Fairtrade goes from success to success in South Africa as products become more popular with shift in consumers’ social consciousness.

      Fairtrade provides social, economic and environmental standards that are dedicated to the empowerment of small farmers and farm workers, while ensuring that production is regulated and brought into the supply chain in a sustainable and environmentally sound way.

      (Read Full Article)

      Mentions:   South Africa

    19. Department boosts incentives to develop black-owned SMEs

      Explore BDlive (Jul 24 2013)

      Department boosts incentives to develop black-owned SMEs

      There has been a dramatic escalation in the incentives granted by the Department of Trade and Industry to small and medium-sized black businesses, the department’s deputy director-general, Tumelo Chipfupa, told Parliament’s trade and industry portfolio committee on Wednesday.  Under the Black Business Supplier Development Programme, 306 businesses received incentives of R96.6m in 2011-12, while in 2012-13 that number rose to R451m.  Mr Chipfupa said the programme was aimed at boosting black-owned small, medium-sized and micro enterprises through the provision of business development services.  To qualify, a business must be majority black owned, have annual turnover of between ...

      (Read Full Article)

      Mentions:   Parliament   Department of Trade and Industry

    20. India : Walmart tells government it cannot meet 30 per cent sourcing clause

      Explore da.feedsportal.com (Jul 23 2013)

      India : Walmart tells government it cannot meet 30 per cent sourcing clause

      New Delhi: The world's largest retailer WalMart has expressed its inability to the government on meeting the sourcing norm in the multi-brand segment that requires 30 per cent procurement from small industries, stating it can procure only about 20 per cent.
       
      According to sources, the representatives of the company in  India had met Department of Industrial Policy and Promotion (DIPP) officials in the second week of this month and informed about the company's stand on the contentious sourcing issue.   "Recently there was a meeting between WalMart and officials of DIPP. The company has said that they will not ...

      (Read Full Article)

      Mentions:   Walmart

    21. South Africa to audit local purchasing compliance

      Explore supplymanagement.com (Jul 17 2013)

      The South African government has set up a verification organisation to check companies are following regulations regarding local procurement.  The Local Content Verification Office, part of the South African Bureau of Standards (SABS), was this month handed powers by the Department of Trade and Industry to examine whether businesses are complying with local procurement regulations.   Under the Preferential Procurement Policy Framework Act, introduced in December 2011, businesses operating in a number of sectors - including rail rolling stock and power pylons - are required to source from local suppliers.

      (Read Full Article)

      Mentions:   Department of Trade and Industry   Rob Davies

    22. Impact of NDP 2030 on Public Sector SCM - by Thandi Marah

      Explore MarketSqr Blog (Jul 9 2013)

      Impact of NDP 2030 on Public Sector SCM - by Thandi Marah

      South Africa’s National Development Plan 2030 (NDP2030) is a plan developed for the country to eliminate poverty and reduce inequality by 2030 through uniting South Africans, unleashing the energies of its citizens, growing an inclusive economy, building capabilities, enhancing the capability of the state and leaders working together to solve complex problems. The plan specifically addresses the challenges faced in public sector procurement and proposes five areas of focus to ‘ensure procurement systems deliver value for money’.

      (Read Full Article)

      Mentions:   South Africa   Eskom

    23. Companies failing BEE targets

      Explore Engineering News (Jun 20 2013)

      Companies failing BEE targets

      The level of black economic empowerment in the economy remains extremely modest, compelling government to change the law, Trade and Industry Minister Rob Davies said on Thursday.  Briefing journalists ahead of a parliamentary debate on the Broad Based Black Economic Empowerment (BBBEE) Amendment Bill, Davies said the proposed law aimed to plug gaps in current legislation. He cited findings from the presidential advisory council on BBBEE, which was established shortly after the new administration under President Jacob Zuma took office.

      .

      (Read Full Article)

      Mentions:   Jacob Zuma   Rob Davies

    24. Improving Local Procurement Essential for Emerging Markets

      Explore procurementbulletin.com (Feb 26 2013)

      Improving Local Procurement Essential for Emerging Markets

      Local manufacturing and infrastructure play a big role in a nation’s ability to compete on a global platform. Domestic improvements and better local procurement systems are becoming the focus of many foreign aid programs. South Africa has several initiatives in place to boost the local economy,  particularly in the manufacturing sector, to improve their place in the global  marketplace.

      (Read Full Article)

      Mentions:   South Africa   Rob Davies

    1-24 of 86 // 1 2 3 4 »