Davies: New BEE tender rules out soon (what on earth!!)

October 31, 2011

Davies: New BEE tender rules out soon (what on earth!!)

New preferential procurement regulations will come into force on December 7, Trade and Industry Minister Rob Davies said on Monday.
Speaking during a debate hosted by I-Net Bridge, Davies said the first round of regulations would include infrastructure such as railways, set-top boxes and Eskom's Medupi power plant.
Companies with broad-based black economic empowerment (B-BBEE) ownership will score extra points when bidding for government procurement contracts.

via www.fin24.com

What!!!?

Is he now going to republish the PPPFA rules again. The current ones don't emphasise black ownership.

Rob, you are robbed of your senses - and your communication skills are, how do I put this politely..........shit!!

Posted at 11:51 AM | Permalink

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Paul Janisch

Black Economic Empowerment Blog

October 31, 2011