New Treasury regulation spells end of compulsory BEE in state procurement
Sakeliga welcomes a new Treasury regulation that omits BEE and local content requirements for state procurement.
Source: biznews.com
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As criminal networks claim tenders, Treasury says BEE procurement rules had 'nonsensical' impact
The Treasury says that preferential procurement rules have produced irrational outcomes and are costing the economy.
Source: news24.com
Vodacom achieves Level 1 B-BBEE status | PressReleasePoint
JOHANNEBURG – Today, Vodacom announces that it has achieved the highest score of Level 1 contributor towards Broad-Based Black Economic Empowerment (B-BBEE) for a fourth consecutive year.
Source: pressreleasepoint.com
Women Entrepreneurs
At the moment, an estimated $42bn financing gap exists for African women across business value chains - $15.6bn in the agriculture alone.
Source: africa.com
Enterprise
While we talk often about established suppliers having the benefit of economies of scale, we don’t talk enough about the benefit of agility that corporates can tap into through smaller suppliers.
Source: africa.com