7 New Sectors added to Designated Sectors

Designated Sectors are those sectors that have been identified to have a certain percentage of Local Content. Meaning that Designated Sectors' goods must be manufactured locally or a certain percentage of these goods must be manufactured locally.

Recently the National Treasury added seven new sectors/industries to the list of Designated Sectors. The 7 new Designated Sectors/Industries are:

Tenders and Local Content

By Werner van Rooyen

www.how2tender.com

31 March 2014

Did you know that the Gauteng Provincial`s target on procurement spent on Local Content is 75%? This can also be said for the National Government`s procurement spent.

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Advantages and disadvantages of Consortiums

Consortiums are often considered as entities to use when responding to tenders in South Africa. The question that arises is whether to use a Consortium or a Joint Venture when responding to a tender. To help you with this we have compiled a list of advantages and disadvantages for both Consortiums as well as Joint Ventures. In this article we list the advantages and disadvantages of Consortiums. Look out for the same article on Joint Ventures.

Consortiums Advantages:

  • Easy to establish as there are no formal procedures... Read More
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