The Eastern Cape Department of Human Settlements plans to register 250 emerging contracts in the 2012/13 financial year. The department’s Annual Performance Plan says the budget for Housing Development “will seek to accelerate the programme for the eradication of informal settlements, improve rural housing and improving the monitoring and... Read more
The target of 50% of tenders being awarded to previously disadvantaged groups could not be met simply because they did not apply for tenders, the Human Settlements Directorate reveals in its report for the quarter ending December 31. A total of 23.36% tenders in terms of number and value... Read more
King William’s Town has been identified as “an ideal location” for a Cooperative Development Centre. The CDC will be a partnership between the Economic Development, Environmental Affairs and Tourism Department and Buffalo City and follows the adoption of a Provincial Cooperative Development Strategy by the provincial cabinet in 2009.... Read more
17-01-2012 -The Nelson Mandela Bay Council has agreed on changes to the Supply Chain Management Policy that will govern the blacklisting of contractors who fail to meet their contractual responsibilities. The changes were adopted by Council at the end of last year. In terms of the changes, if a... Read more
08-12-2011 -Trade and Industry Minister Rob Davies this morning announced the first raft of areas that will be subject to the regulations promulgated in terms of the Preferential Procurement Policy Framework Act. They include power pylons used to conduct electricity from renewable sources, rail rolling stock, buses, certain canned... Read more
23-11-2011 -The Branson Centre of Entrepreneurship last week threw down the gauntlet to private lenders to find innovative funding solutions for South Africa’s dithering SMME sector. Describing banks as “scary” places for entrepreneurs, the Chief Entrepreneurship Officer (CEO) of the Branson Centre of Entrepreneurship, Tracey Webster cautioned banks from... Read more
Issued by Deon Engelke 15-11-2011 -A host of emerging Eastern Cape start-up  companies  will be showcased alongside the Border Kei region’s leading brands at the Business Connect Exhibition at the ICC in East London from tomorrow (Wed) until Friday. The exhibition will feature 70 booths represented by the region... Read more
14-11-2011 -Enterprise development in Uitenhage is to receive phenomenal new support when the new Raizcorp Prosperator (business incubator) opens in April 2011. SixteenUitenhage companies are to be supportedby the RaizcorpProsperator which will put small business owners on a path to growth and profitability. “We are so excited to be... Read more
14-11-2011 -We know that more than half of all new businesses in South Africa fail within the first 12 months and that, by the end of 10 years, 96% of them will have closed their doors – but how many of these re-enter the market? And how many more... Read more
14-11-2011 –(Port Elizabeth, 25 October 2011): Small, medium and micro enterprises (SMMEs) account for approximately 40% of South Africa’s gross domestic product, and employ more than half of the private sector work force. However, 80% of small businesses fail within their first five years, and according to the most... Read more