The next ten years will see mankind use more resources than it has in its entire history. Despite the recent recession the growth of the world’s population shows no sign of abating and urban populations in African cities are set to triple over the next 40 years. While this will add to the demand for […]
The truth about future growth – SAPICS Conference feedback Read More »
May 1, 2011 saw the implementation of the new Companies Act of 2008. The promulgation of this Act brings about several fundamental and important changes to South Africa’s laws regarding legal entities. This article is not a legal opinion and you are advised to consult lawyers or auditors should you need more detailed information. •
New companies act – changes to business environment Read More »
The best way for an organisation to become involved in enterprise development is through its own supply chain, said Claudia Manning, MD of development consultancy ECIAfrica and a member of President Jacob Zuma’s BEE advisory council. However, pushing this will take strategic effort from the top leadership of companies, said Manning: the highly concentrated structure
BEE codes do not speak enterprise development Read More »
As of April 1, 2011 suppliers in South Africa must comply with the Consumer Protection Act (CPA). Braam Botha of management training and consulting firm Arbinger Institute of South Africa tells SmartProcurement about some practical and legal implications of compliance. This article in made available only for information purposes, and is not legal opinion or
Consumer Protection Act: implications for suppliers Read More »
Cabinet announced in March that it will approve the alignment of the Preferential Procurement Policy Framework Act (PPPFA) and the Broad-Based Black Economic empowerment Act (BEE Act). Public entities follow the regulations of PPPFA to procure goods and services. Alignment of these two Acts will ensure that government departments and municipalities include BEE when awarding
Cabinet to align treasury procurement regulations with BEE Act. Read More »
Despite government’s suspension of gazetted tolls for Gauteng’s highways, their implementation on June 23 will have an inflationary effect on food in Gauteng, Gordon Henry, General Manager of the Catervest Buying Group tells SmartProcurement.
Volume leveraging can lessen anticipated Gauteng highway toll food price increases Read More »
South Africa’s gross fixed capital formation (GFCF) – a reliable indicator of investment in logistics infrastructure – as a percentage of GDP decreased from an average of 25% in 1970-1989 to 16% in 1990-2008, which highlights the economic roots of South Africa’s long-term infrastructure challenges, the Supply Chain Foresight Survey 2011 reported at its results
Supply chain survey demonstrates roots of SA’s infrastructure challenges Read More »
The Department of Environmental Affairs has released the much anticipated and long delayed National Climate Change Response Green Paper (the Green Paper). Global Carbon Exchange’s Kevin James provides SmartProcurement with the points pertinent to you and your business. Annual mandatory submission of greenhouse gas emission data: To the National Atmospheric Emission Inventory by “significant emitters”
Government’s Green Paper – data management implications Read More »
Reuters – South Africa faces rising risks to its inflation outlook due to commodity prices, and inflation may move to the upper end of the 3 to 6 percent target range sooner than expected, Reserve Bank Governor Gill Marcus said. In a speech posted on the Bank’s website, Marcus said rising global and domestic prices
Marcus: Commodity inflation risk increasing Read More »
Rapidly growing BRIC emerging economies are subject to external shocks as they lack adequate risk management and must synchronise fiscal and monetary policies, a survey of finance ministry officials showed. The survey, released in January by consultancy Booz & Company, said the role of finance ministries has expanded far beyond its traditional fiscal mandate and
Lack of risk management exposes BRIC economies – survey Read More »
