The proposed amendments to the Preferential Procurement Regulations which govern the tender process to be followed by government are irrational and ought to be scrapped. I will today write to the Minister of Finance, Nhlanhla Nene, requesting him to withdraw ...read more

GOVERNMENT tenders up to R10m will in future be evaluated only 50% on price and 50% in terms of black economic and women’s empowerment and other criteria, say draft regulations published for comment by the Treasury last week. The amendment to the regulations ...read more

TRANSNET has shifted spending significantly towards black-owned companies in the past five years, making it and Eskom the most aggressive drivers of black economic empowerment (BEE). This comes against a backdrop of government urging state-owned firms ...read more

The Department of Trade and Industry (DTI) has announced a further set of product designations for local procurement by the public sector and has indicated that efforts will be stepped up during 2015 to improve compliance across all government departments ...read more

Enterprise development expert says introduction of the empowering supplier status measure in the amended BEE codes will create new levels of opportunity, writes Stephen Timm ...read more

Lonmin is bracing itself for a bitter fight as members of the Bapo ba Mogale community go to court this week in a bid to unravel its R664m empowerment deal ...read more

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 ...read more

Cabinet approves implementation of programme to ensure compliance by government departments with policy on procuring goods, services from local suppliers ...read more

Trade and Industry Minister Dr Rob Davies reiterated on Tuesday that the procurement of goods that conform to local content requirements was not just a recommendation for State entities but a legal requirement. During a Portfolio Committee on Trade ...read more

Pretoria – President Jacob Zuma has appointed new members of the Presidential Black Economic Empowerment (BEE) Advisory Council. ...read more

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 ...read more

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. ...read more

Transnet Port Terminals CEO Karl Socikwa says the assembly of rolling stock will be beneficial for the development of the local manufacturing sector. ...read more

With the original B-BBEE Codes released in 2007, the BEE Act allows various industry sectors to issue their own sector codes. Nine sectors, including construction, have their own codes and the Construction Sector Codes were issued in June 2009. This ...read more

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 ...read more

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 ...read more

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 ...read more

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 ...read more

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

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" ...read more

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 ...read more

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 ...read more

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 ...read more

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 ...read more

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 ...read more