BEE

Study on improving ESD

BBBEE Commission releases study on improving ESD

The need for investment and facilitation in assisting SMMEs with pre-investment and post-investment support, is growing, says National Director – Business Consulting, ESG and Energy & Natural Resources, Yugen Pillay. Commenting on the enterprise and supplier development (ESD) research report released last month by the Commission for Broad-Based Black Economic Empowerment (BBBEE Commission), he said […]

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Preferential Procurement in SA: Where to from here?

While others are saying “we are back to 2001 Preferential Procurement Regulations (PPR)”, Sanele Khomo, Deputy Director: SCM Transversal Policies at the KwaZulu-Natal Provincial Treasury, tells SmartProcurementNews that in fact we are dealing with a new phenomenon. It is now well known that South Africa has started implementing the Preferential Procurement Regulations of 2022, replacing

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Public Scramble on PPPFA

Public Sector Scramble on PPPFA Begins

Public procurement in South Africa is on the brink of being turned on its head. Johannesburg-based Director, Coach, Consultant and Supply Chain Management Practioner, Shaun Scott, unwraps the legal conundrum that faces all organs of state come January 2023, which must decide for themselves how to implement the new Preferential Procurement Regulations. Over 700 organs

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Influence of procurement departments on marketers

  Agencies working – or hoping to work – on major corporate accounts in the advertising, marketing and communications industry can no longer ignore or misunderstand procurement departments and their importance in winning both government and corporate clients. Johanna McDowell, Independent Agency Search & Selection Company (IAS) managing director, warns that the B-BBEE Amended Codes

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Small suppliers for big impact: optimising your supply chain in a turbulent economy

  In our third consecutive quarter of negative growth, it’s becoming all too clear that South Africa is well and truly facing some tough economic times ahead, and businesses are already beginning to suffer. According to Statistics South Africa, weak manufacturing and trade sectors led the recession, with falls of 3.7% and 5.9% respectively in

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BEE: look beyond regulation to be effective in supply chain

  Black Economic Empowerment (BEE) is one of the most highly regulated aspects of the South African business landscape today. The most recent changes to the regulations have both large corporate businesses and smaller businesses returning to the scorecard drawing board. Louis Coetzee – General Manager of the Ecsponent Development Fund (part of JSE-listed African

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Do current ESD practices work?

The Enterprise and Supplier Development (ESD) element of the revised BBBEE Codes has made it clear that providing only financial and non-financial support to small suppliers and SMMEs is no longer sufficient. Considering the imperative that the ESD element places on strategically engaging with suppliers, Christa Bonnet, founding member and Chief Executive Officer (CEO) of

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ZUMA – Major BEE procurement shake-up

  The government’s procurement policy will be overhauled in a bid to support black and small businesses, said President Jacob Zuma. ”The buying power of the state is a powerful economic tool. It can and must be used to advance black economic empowerment, ” said Zuma, speaking at a Black Business Council dinner in September.

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BEE Commission notes 96 complaints – Fronting claimed

  Since the Broad-Based Black Economic Empowerment Commission, which investigates fronting and other abuses, was established in April 2016, some 96 complaints have been lodged. However, it is still too early to draw any conclusions from the complaints, said commissioner Zodwa Ntuli. “We will only be able to give judgment after we have investigated each

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