State’s local content procurement policy still faces hurdles
However, officials say the policy is slowly starting to bear fruit, with R76bn worth of public contracts awarded to local manufacturers to date
12 March 2020 - 18:18
The government’s local content policy, which was introduced almost a decade ago to fast track industrialisation and BEE, continues to face several challenges including manipulation of tender documents and the illicit importation of products that are meant to be manufactured locally.
But despite these challenges, the department of trade & industry, however, said the policy was slowly beginning to bear fruit with R76bn worth of public contracts awarded to local manufacturers to date...
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