Tag Archive | Minister Pravin Gordhan

Transnet Board Terminates Group CEO’s Contract

The board of Transnet SOC Ltd has terminated the employment of Group Chief Executive Mr. Siyabonga Gama, bringing to an end a protracted dispute over a breakdown in trust and confidence between him and the board. The decision was taken by the board of the state’s Rail and Freight Company on Saturday 20 October 2018, […]

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New perspective on economic transformation needed, Minister Pravin Gordhan

South Africa needs a new perspective on economic transformation, Finance Minister Pravin Gordhan said on Wednesday. “To achieve sustained higher growth, there are also more fundamental, more radical transformation measures that are needed. These relate, in particular, to economic power,” said Minister Gordhan, who tabled the 2017 Budget in Parliament. He said the relationships between […]

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Preferential Procurement Regulations revised by Treasury

National Treasury has revised the Preferential Procurement Regulations, 2017, which were gazetted on 20 January 2017. According to the National Treasury, the regulations were initially promulgated in 2001 and revised in 2011, making this the second revision since the initial promulgation. “The revision of the Preferential Procurement Regulations of 2011 was largely influenced by the […]

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Posted in B-BBEE, Business, Cooperatives, Enterprise Development, Government, Prefferential Procurement, SMMEs, Supply Chain0 Comments

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