Archive | SMMEs

Black Industrialist pins hope on MPS

An Ekurhuleni businessman, Mr Sibusiso Maphatiane is optimistic that Members of the Portfolio Committee on Trade and Industry will assist him overcome some of the challenges that his company is experiencing. Maphatiane was speaking soon after the Members of Parliament visited his company premises in Benoni today. They were on a two-day oversight visit to […]

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Posted in Business, Enterprise Development, SMMEs0 Comments

Lack of government entities’ cooperation hindering transformation – B-BBEE Commission

“It is extremely difficult to find a place for the so-called ‘once empowered always empowered’ in the situation where 20 years after the adoption of the Constitution of South Africa, so much disparity and economic divide exists; these were the Broad-Based Black Economic Empowerment (B-BBEE) Commission acting commissioner, Ms Zodwa Ntuli’s sentiments. Further, this occurs […]

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Posted in B-BBEE, B-BBEE Act, Business, Government, Prefferential Procurement, SMMEs0 Comments

“SMTDC- Developing small scale manufacturers one at a time”

For sustainable urban development in South Africa the support for the growth of small scale manufacturing enterprises is very important across the urban developing world, key barriers to development of these emerging manufacturing enterprises relate to access to finance, entrepreneurial behaviour, markets and training. The South African manufacturing sector over the years has grown in […]

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Posted in Business, Enterprise Development, Skills development, SMMEs0 Comments

The MediaShop awarded Level 1 BEE

The MediaShop has reached another milestone in its journey and pioneering values by being the first and only media agency in the country to be awarded Level 1 BEE status.  “The MediaShop has always believed in uplifting both our staff and our country’s citizens and we’re absolutely thrilled that the work we’ve consistently put into […]

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Posted in B-BBEE, Business, SMMEs0 Comments

ANC prioritizes radical economic transformation

Following the African National Congress’s lekgotla, a meeting of the national executive committee last week, the ruling party top brass has made radical economic transformation an area of focus for the government. The party says accelerated radical socio-economic transformation, refers to a fundamental change in the structure, systems, institutions and patterns of ownership and control […]

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Posted in B-BBEE, Enterprise Development, Government, SMMEs1 Comment

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

Manufacturing conference to narrow gender gap

The Amabhubesi Women in Manufacturing Textile & Leather Conference will take place at Emperors Place in Johanneburg from 26-27 October. By showcasing opportunities the manufacturing industry has to offer, the conference aims to inspire the next generation of female leaders to pursue a career in this field. “For decades, women have been underrepresented in the […]

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Posted in SMMEs, Women0 Comments

Smart minds converge at the Procurement Indaba

State Owned Companies (SOCs) supply chain managers and the small business fraternity recently gathered at the 2016 Annual Smart Procurement World Indaba held at Gallagher Estate in Johannesburg. Marking its 10th year, the conference has continued to attract procurement practitioners, corporate representatives and small business owners over the years. Many attend the event to trace […]

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Posted in Enterprise Development, SMMEs, Supply Chain0 Comments

SME fund to stimulate growth

A fund aimed at supporting small and medium sized enterprises (SME) to grow the economy has been established, with the private sector having contributed over R1 billion to its coffers. Addressing the media following the Presidential CEOs Initiative meeting on Friday, President Jacob Zuma said the SME Fund that will make equity investments in small […]

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Non-payment of invoices a financial misconduct

Deputy Minister in the Presidency responsible for Planning, Monitoring and Evaluation, Buti Manamela, says a failure to pay invoices within 30 days is a financial misconduct. The Deputy Minister said this when the Department of Planning, Monitoring and Evaluation briefed Parliament’s Committee that is tasked with providing oversight over the department on 14 September 2016. […]

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Posted in Government, SMMEs0 Comments

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