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Popular Articles
SA oil sector misses minority supply chain target
Zuma’s brother in BEE controversy
Revised codes to accelerate BEE implementation – Davies
BBBEE Act amendments needed - Davies
Proudly SA, Numsa, Manufacturing Circle add weight to SA’s buy-local plan
Codes could bring BBBEE to a halt
Public Works policy blunts property charter, says Sasse
The suggested amendments to the BEE Codes
Implications of government entities not complying with revised PPPFA
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Articles in category: Preferential Procurement
Improving Local Procurement Essential for Emerging Markets
Explore procurementbulletin.com (Feb 26 2013) Preferential Procurement , Supplier Diversity , Manufacturing & Automotive
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)
Comment Mentions: South Africa Rob Davies
DTI designates more products for local content in public sector procurement system
Explore Engineering News (Jan 29 2013) Preferential Procurement , Supplier Diversity , Manufacturing & Automotive , Public Sector
The Department of Trade and Industry (DTI) on Tuesday announced the designation of valves, manual and pneumatic actuators, electrical and telecommunications cables, as well as solar water heater components for local production and content in the public sector procurement system. Trade and Industry Minister Dr Rob Davies signed the necessary authorisation in terms of his powers under the amended Preferential Procurement Policy Framework Act (PPPFA) regulations.
(Read Full Article)
Comment Mentions: South Africa Department of Trade and Industry National Treasury
Green economy opens opportunities for local manufacturing
Explore Engineering News (Nov 27 2012) Preferential Procurement , Sustainable Procurement
Growing the green economy in South Africa would open a number of opportunities in the manufacturing sector, particularly for solar water heaters, Trade and Industry Minister Rob Davies said on Tuesday. Under the Green Economy Accord, launched last year with an aim of creating 300 000 jobs by 2020, government committed to the installation of one-million solar water heaters by 2014.
(Read Full Article)
Comment Mentions: South Africa Department of Trade and Industry Rob Davies
Industry leaders sign ‘Buying Local Pledge’
Explore Engineering News (Nov 26 2012) Preferential Procurement , Supplier Diversity , Public Sector
Industry bodies, government and labour on Monday signed a “Buying Local Pledge” in an effort to promote procurement of locally manufactured goods and services. The signing took place at Proudly South African’s (Proudly SA’s) second Buy Local Summit, in Johannesburg, which also marked the launch of the organisation’s Festive season Buy Local Campaign.
(Read Full Article)
Comment Mentions: South Africa Johannesburg Department of Trade and Industry
BBBEE Act amendments needed - Davies
Explore iol.co.za (Oct 29 2012) Preferential Procurement , Supplier Diversity
Amendments are needed to Broad-Based Black Economic Empowerment (BBBEE) legislation to ensure that South Africa's economy is more inclusive, Trade and Industry Minister Rob Davies said on Monday. “We cannot run an effective economy that draws its leadership and entrepreneurial capacity only from a small minority of the population,” he said in Johannesburg at a breakfast briefing hosted by the New Age newspaper. efits to society presented by BBBEE, Davies said. -Sapa
(Read Full Article)
Comment Mentions: South Africa Johannesburg Jacob Zuma
New BEE codes, new problems
Explore BDlive (Oct 21 2012) Preferential Procurement , Supplier Diversity
Good intentions by the government to increase the efficiency and sustainability of black empowerment policies through proposed code amendments could lock entire industry sectors out of the mainstream economy, according to experts. The amendments aim to cut out undesirable aspects such as fronting, increase local procurement and place a stronger emphasis on black ownership.
(Read Full Article)
Comment Mentions: South Africa Department of Trade and Industry JSE
Codes could bring BBBEE to a halt
Explore BDlive (Oct 15 2012) Preferential Procurement , Supplier Diversity
Has Trade and Industry Minister Rob Davies set out to bring broad-based black economic empowerment (BBBEE) to a shuddering halt? He will deny it, but a closer reading of the amended proposed BBBEE codes of good practice, gazetted on October 5, points in exactly that direction. The original intention of the government’s BEE policy was to engage as many black South Africans in the country’s economy as part owners of businesses as quickly as possible. David Gleason asks whether Trade and Industry Minister Rob Davies has set out to bring broad-based black economic empowerment to a shuddering halt.
(Read Full Article)
Comment Mentions: Pravin Gordhan Rob Davies
The Amended Codes and Preferential Procurement
Explore Broad-Based Black Economic Empowerment (Oct 12 2012) Preferential Procurement , Supplier Diversity
Did they really think this through? In the Amended Codes, measured entities can only claim procurement points for "Value-Adding Suppliers" (VAS). A VAS is defined as a VAT registered entity where the sum of the entity's Net Profit Before Tax and Employee costs is greater than a quarter (25%) of its Turnover. Various issues arise from this trifling inclusion.
(Read Full Article)
Comment Mentions: South Africa
Zimbabwe industry body calls for preferential procurement framework
Explore Engineering News (Sep 21 2012) Preferential Procurement , Construction
The Construction Industry Federation of Zimbabwe (Cifoz) has called on government to introduce legislation that will make it mandatory for government departments and local companies to give preference to local contractors ahead of their foreign counterparts when they award tenders, in order to save the construction sector from collapse.
(Read Full Article)
Comment Mentions: South Africa
Public Works policy blunts property charter, says Sasse
Explore iol.co.za (Sep 4 2012) Preferential Procurement , Supplier Diversity , Public Sector
The gazetting of the property sector charter appears unlikely to come to the rescue of listed property companies, which for the past five years have been cold-shouldered by the Department of Public Works in the award of long-term leases for office buildings because the companies are not 100 percent black owned.
Norbert Sasse, the chairman of the Property Loan Stock Association of SA and chief executive of Growthpoint Properties, said it was “very disappointing” that the charter had not led to a normalisation of business between the department and property owners. Sasse stressed it was impossible for a listed company ...
(Read Full Article)
Comment Mentions: Department of Public Works
The suggested amendments to the BEE Codes
Explore Broad-Based Black Economic Empowerment (Aug 30 2012) Preferential Procurement
Cabinet has released a statement of the proposed amendments to the BBBEE Codes. These suggested amendments are a cause for concern. With Enterprise Development and Preferential Procurement being a driving force in the South African Economy, can we say with conviction that the proposed amendments to the Codes of Good Practice are viable?
(Read Full Article)
Comment Mentions: South Africa
Revised codes to accelerate BEE implementation – Davies
Explore Engineering News (Aug 27 2012) Preferential Procurement , Supplier Diversity
The revised broad-based black economic-empowerment (BBBEE), which Cabinet last week approved, would accelerate the implementation BEE and broaden the effects of empowerment, Trade and Industry Minister Dr Rob Davies said on Monday as he outlined the key areas of refinement.The revised BBBEE codes, which would be open for a 60-day comment period once officially gazetted, reduced the generic scorecard to five elements...........
(Read Full Article)
Comment Mentions: Rob Davies
Transnet, Eskom drive local procurement
Explore Engineering News (Aug 14 2012) Preferential Procurement , Supplier Relationship Management , Public Sector
Transnet's locomotive acquisition spree and Eskom's build programme present two of the best opportunities to increase local procurement, the Department of Public Enterprises said on Tuesday.It told MPs that Transnet's three contracts for the acquisition of locomotives had so far yielded a local procurement component of just over R1-billion.
(Read Full Article)
Transnet outlines localisation thresholds for big locomotive tenders
Explore Engineering News (Jul 30 2012) Preferential Procurement , Supplier Diversity
Freight logistics group Transnet will insist on a minimum local-content level of 60% for the 599 electric locomotives it plans to add to its general freight business (GFB) fleet by 2019 and will stipulate a level of at least 55% for the 465 diesel units it plans to procure over the same period.
(Read Full Article)
Comment Mentions: South Africa Johannesburg Transnet
Retail sector 'needs BEE charter'
Explore fin24.com (Jul 12 2012) Preferential Procurement , Supplier Diversity , Retail & CPG/FMCG
Empowerment experts have called for government to introduce a broad-based black economic empowerment charter to ensure retailers remain fully compliant with BEE codes of practice, according to Business Report. Despite black economic empowerment programmes by retail giants such as Pick n Pay, Massmart and Clicks, experts say the sector is not fully compliant.
(Read Full Article)
Comment Mentions: Johannesburg Pick n Pay
Aveng and DTI launch Black Suppliers Summit
Explore iol.co.za (Jul 10 2012) Preferential Procurement , Construction
In partnership with the department of trade and industry (DTI)‚ infrastructure development company Aveng launched the Black Suppliers Summit in Johannesburg on Tuesday. The summit aims to provide a platform in which big business and small enterprise are able to network with a view to addressing the challenges faced by black suppliers.
(Read Full Article)
Davies warns of stricter BEE codes
Explore Engineering News (Jul 10 2012) Preferential Procurement , Supplier Diversity
Trade and Industry Minister Rob Davies warned on Tuesday that black economic empowerment points would be deducted from businesses which did not invest in enterprise, supplier, and skills development.Too few companies were giving sufficient support to these areas in terms of the BEE Act and Codes of Good Practice.
(Read Full Article)
Comment Mentions: South Africa Johannesburg Rob Davies
SA oil sector misses minority supply chain target
Explore supplymanagement.com (Jul 6 2012) Preferential Procurement , Supplier Diversity , Fuels & Lubricants
The representation of black and minority businesses in the supply chain of South African firms in the liquid fuels sector is in reverse, according to an audit. Oil companies in South Africa have failed to fully comply with the principles of a charter to promote and support black and minority-owned businesses in the liquid fuels sector.
(Read Full Article)
Comment Mentions: South Africa
Liquid fuels charter audit findings disappointing – Minister
Explore Engineering News (Jul 5 2012) Preferential Procurement , Supplier Diversity
The South Africa petroleum and liquid fuels industry has achieved a compliance rating of 48% during the ten years since the Department of Energy (DoE) tabled the charter designed to transform the industry, an audit has found.The report, undertaken by independent audit firm Moloto Solutions, found that the industry has deteriorated to below 2006 levels........
(Read Full Article)
Comment Mentions: South Africa Chevron
Supplier diversity to boost economic growth, job creation
Explore Engineering News (Jun 27 2012) Preferential Procurement , Supplier Diversity , Supplier Relationship Management , Financial Services , Manufacturing & Automotive
Promoting sustainable supplier diversity would spur job creation and boost economic growth in South Africa, Klein Inc Management Consultants owner Venete Klein said on Wednesday. Speaking at the South African Supplier Diversity Council’s (SASDC’s) first yearly conference, held in Johannesburg, she pointed out that sustained supplier development could instill proudly South African business and identity. (Read Full Article)
Comment Mentions: South Africa Johannesburg
BEE code for ICT sector gazetted
Explore Engineering News (Jun 13 2012) Preferential Procurement , Supplier Diversity
A black economic empowerment (BEE) code gazetted by Trade and Industry Minister Dr Rob Davies on Wednesday, would see the information and communication technology (ICT) set a 30% black ownership target for South African groups, as well as multinational companies. This compares with the generic 25% black ownership target, the Department of Communications reported. The newly gazetted ICT charter outlined that companies in the ICT sector would also be required to spend 5% of their net profit after
(Read Full Article)
Comment Mentions: Rob Davies
Zimbabwe bank governor urges preferential procurement
Explore supplymanagement.com (Jun 10 2012) Preferential Procurement , Procurement Ethics , Supplier Diversity , Public Sector
Gideon Gono of the Reserve Bank of Zimbabwe says government should boost economy by purchasing from domestic firms.
(Read Full Article)
SA Govt not paying suppliers on time – Zuma
Explore Engineering News (May 15 2012) Invoicing & Payment , Preferential Procurement , Public Sector
The government's non-compliance in paying suppliers within 30 days has reached alarming levels, President Jacob Zuma said on Tuesday."A key contribution to the development of small business by government would be improving government's ability to pay suppliers on time, within the prescribed 30-day period," Zuma said.
(Read Full Article)
Comment Mentions: National Treasury Jacob Zuma
Local procurement to boost South African drug industry
Explore supplymanagement.com (Apr 24 2012) Preferential Procurement , Healthcare
The South African government is finalising a list of 70 pharmaceutical products designated for local procurement. The plans, which have been developed by the Department of Trade and Industry (DTI) and Department of Health, are in line with the Preferential Procurement Policy Framework Act, which aims to use public sector spending to strengthen domestic industry.
(Read Full Article)
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