Preferential Procurement Archives - Page 7 of 11

Next week’s annual procurement networking event attracts 600 attendees

Leave a Comment / Enterprise Development, Preferential Procurement, Professional Development, Public Sector Procurement, Supply Chain Management SCM / Editor

Smart Procurement World 2012 has attracted more than double the participation it enjoyed last year. Smart Procurement can this week confirm that more than 600 procurement and supply chain professionals will gather en mass at Gallagher Convention Centre on 13 November to attend the multinational procurement networking event. “They’re coming because they want to be […]

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Procurement planning for 2013: what will set the agenda for next year?

Leave a Comment / Preferential Procurement, Supply Chain Management SCM, Sustainable Procurement / Editor

One of the key talking points in the procurement industry right now is sustainability and “green” sourcing. Companies are now being held accountable for the actions of their suppliers and there are no longer excuses for irresponsible behaviour within supply chains. Issues such as pollution, labour mistreatment, or sub-par quality testing have created a strong

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Revised B-BBEE codes open for public comment

Leave a Comment / BEE, Preferential Procurement / Editor

The revised broad-based black economic-empowerment (B-BBEE) codes of good practice have been opened for comment for a 60-day period, the Department of Trade and Industry (DTI) said yesterday. BEE remained an imperative in South Africa, said Minister Rob Davies speaking at the launch of the revised B-BBEE codes. “It is not just a social or

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Govt’s late payment cause 10% of SMEs to shut down or downscale

Leave a Comment / Enterprise Development, Preferential Procurement / Editor

A survey by the South African Chamber of Commerce and Industry (Sacci) in September found that late payment, in effect, later than 30 days, by government entities, temporarily constrained the revenue stream and operations of about 60% of the small businesses surveyed, said Sacci CEO Neren Rau. While a lower-than-expected number of small businesses were

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Revised B-BBEE codes approved for public comment

Leave a Comment / BEE, Preferential Procurement / Editor

Cabinet approved the revised Broad-Based Black Economic Empowerment (B-BBEE) Codes of Good Practice, 2012 for public comment in August. “The revised codes will enhance the implementation of B-BBEE in a meaningful and sustainable manner. The revised codes also contain principles and guidelines that will facilitate and accelerate the implementation of B-BBEE.” “The purpose of the

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Case Study – ABSA Developing a sustainable SME

Leave a Comment / Enterprise Development, Preferential Procurement / Editor

Absa Business Bank Enterprise Development’s Denver Tavira stumbled onto the truth about creating and developing sustainable SMEs in South Africa: businesses, financial institutions and government need to work together. He shares Absa’s findings from promoting the development of a Clean Energy SME with the assistance of Eskom, in this month’s SmartProcurement. “What we need most

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Develop suppliers. Develop the economy!

Leave a Comment / Enterprise Development, Preferential Procurement, Supplier Directories / Editor

The traditional purchaser would focus on price, cost, quality and performance. However, as far as South Africa Inc. is concerned, there is a very strong requirement to include Supplier Development, Malcolm Farrell, Director of the Supply Chain Network, tells SmartProcurement. Procurement professionals in the South African economy have a huge responsibility on their hands. Why?

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Local procurement accord to reverse deindustrialisation

Leave a Comment / Preferential Procurement, Public Sector Procurement / Editor

The local procurement accord would go a long way in building the capacity to reindustrialise the economy, said speakers at the South African Supplier Diversity Council (SASDC) conference in late June. South Africa’s heavy reliance on imports has over the last ten years led to de-industrialisation and the weakening of the manufacturing sector, said policy

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Income tax act offers some BBBEE compliance relief

Leave a Comment / BEE, Enterprise Development, Preferential Procurement, Supplier Management / Editor

BBBEE has also become a business imperative, and with the updating of the Codes of Good Practice currently underway, is likely to remain so for the foreseeable future. While no tax incentives or legislation have been enacted to specifically provide relief for BBBEE compliance, various sections of the Income Tax Act can, actually, offer some

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Pharmaceutical products designated for local procurement

Leave a Comment / News, Preferential Procurement, Public Sector Procurement / Editor

Certain pharmaceutical products have been selected for domestic production in the latest designations under the amended Preferential Procurement Policy Framework Act (PPPFA). A list of more than 70 potential pharmaceutical products is being finalised. Trade and Industry Minister Rob Davies said the designation of the pharmaceutical products would benefit the country in terms of health

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