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<p>Join CNBC Africa for as we embark on a new series ‘Eye on OR Tambo SEZ’. This series will unpack this special economic zone in greater detail. We will speak to key individuals from the different sectors on what it takes to keep operations going during tough economic times and the plans to attract FDIs. In the first episode we explore the development of this SEZ to date.</p>


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Eye on OR Tambo SEZ EP1: Unlocking the investment potential of OR Tambo Special Economic Zone


<p>The South African National Treasury is replacing measures relating to the <a href="https://www.cnbcafrica.com/covid-19/">COVID-19</a> Disaster Management Central Emergency Procurement Strategy.</p>



<p>The replacement follows concerns about the procurement process, stating that the approach adopted has excluded a number of domestic suppliers and has covered too wide an array of goods, especially goods that can be manufactured locally.</p>



<p>The following statement provides more information:</p>



<p class="has-text-align-left"><strong>Measures for COVID-19 emergency procurement</strong></p>



<p>National Treasury is replacing measures relating to Covid-19 Disaster Management Central Emergency Procurement Strategy, namely Instruction Note 3 of 2020/21 and Circular 101. The new measures will be Instruction Note 5 of 2020/21 for PFMA institutions and Circular 102 for MFMA institutions. The new Instruction Note and Circular will be on the National Treasury website soon.</p>



<p>The replacement follows various representations that have raised concerns about the procurement process, that the approach adopted has excluded a number of domestic suppliers and that it covered too wide an array of goods, especially goods that can be manufactured locally. The replaced Instruction Note and Circular were an initial response to the outbreak of the pandemic, and was to allow for urgent procurement of critical health products at a time of great global shortages. Given the rapid changes in demand for specialised products like testing kits and ventilators and further exacerbated by export bans, a national regulatory approach to procure goods centrally was required.</p>



<p>The Covid-19 pandemic has brought about a new environment, necessitating procurement regulations to keep up with the rapid changes of demand. In the past few weeks there has been an increase in the number of companies able to respond to the emergency procurement needs.</p>



<p>National Treasury is fully committed to the Constitutional objective of having fair, equitable, transparent, competitive and cost-effective procurement processes that take into account the need for procuring essential health products required to fight the COVID-19 pandemic. These processes should be compliant with the country’s imperatives of promoting structural transformation and broadening participation in the economy to strengthen economic development and empowerment of previously disadvantaged groups and individuals.</p>



<p>In response to the changing demand and supply as well as to give effect to the strict monitoring and reporting measures required during times of emergency procurement, the new Instruction Note and Circular will:</p>



<ul><li>provide measures to put in place for COVID-19 emergency procurement</li><li>open the supply of these products to all suppliers conforming to specifications and are registered on the Central Supplier database (CSD) of government. https://secure.csd.gov.za/]</li><li>outline the required PPE item specifications according to the Department of Trade, Industry and Competition (DTIC), National Department of Health and World Health Organisation requirements</li><li>outline the maximum prices at which government will procure these PPE items</li><li>outline the emergency procurement, monitoring and reporting requirements</li></ul>



<p><strong>Issued by National Treasury</strong></p>



<p><strong>Date: 28 April 2020</strong></p>



<p>For more coverage on COVID-19 visit: <a href="https://www.cnbcafrica.com/covid-19/">https://www.cnbcafrica.com/covid-19/</a></p>


International travel for South Africans is now allowed, this is how it will work

SA National Treasury introduces new measures for COVID-19 emergency procurement

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One of the key issues highlighted by Premier David Makhura’s State of the Province Address were bulk infrastructure provision of water, sewage and electrification. CNBC Africa spoke with Tasneem Motara, MEC for Infrastructure Development about the challenges that this vision presents to her department.</p>


#GPSOPA2020: MEC Motara on how Gauteng is cutting red tape on bulk infrastructure projects

#GPSOPA2020: MEC Motara on how Gauteng is cutting red tape on bulk infrastructure projects, creating jobs

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One of the key issues highlighted by Premier David Makhura’s State of the Province Address were bulk infrastructure provision of water, sewage and electrification. CNBC Africa spoke with Tasneem Motara, MEC for Infrastructure Development about the challenges that this vision presents to her department.</p>


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MEC for Treasury and E-Governance, Nomantu Nkomo-Ralehoko spoke to CNBC Africa following the State of the Province address about the 30 per cent procurement set aside for black-owned companies as well as the R40 billion Gauteng Province plans to spend on the Township Economy.</p>


#GPSOPA2020: Gauteng’s R40bn plan for the township economy

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&#8220;Lesufi is on his way to the school&#8221; has become a South African proverb. But as visible as the education MEC has been, the on-line registration system and the high death rate has gripped headline as 18 learners lost their lives. CNBC Africa&#8217;s Karabo Letlhatlha spoke to Panyaza Lesufi, on the side-lines of the State of the Province Address.</p>


#GPSOPA2020: Panyaza Lesufi on plans to build 100 new schools in next ten years

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Gauteng MEC for Economic Development, Morakane Mosupye spoke to CNBC Africa&#8217;s Karabo about the key takeaways from Premier David Makhura’s State of the Province Address and the role of the private sector in job creation.</p>


CNBC

#GPSOPA2020: MEC Morakane Mosupye on how special economic zones can help create jobs for the youth

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Rwanda recognizes the creative industry as a key component of the country’s economic development and job creation, especially for the youth. It is estimated that the industry generate about $2.25 trillion in revenue and 29.5 million jobs globally. However, Africa gets less than 5 per cent of that share. And now, two entrepreneurs have built a new platform for creatives in Africa. Raoul Rugamba, Managing Director of Hobe Agency joins CNBC Africa for more.</p>


This new platform has potential to promote creative sector

This new platform has potential to promote creative sector, create jobs for youth in Rwanda

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<p>The Japan International Cooperation Agency (JICA) has a long history with African countries, Mutsuya Mori, Vice President of JICA told CNBC Africa’s Kopano Gumbi. The Agency provides technical assistance, grant aids and loans for construction and infrastructure. Although it has previously focused on governments, it now realises that the private sector is an important partner in the social and economic development of Africa.</p>


Africa Investment Forum:  JICA President Mutsuya Mori on the private sector as an important partner in Africa’s growth

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<p>MEC for economic development and incoming premier elect Sihle Zikalala says the province of KZN is ready to capitalise on trade opportunities within the Africa Export-Import bank .He spoke to CNBC Africa&#8217;s Kopano Gumbi for more.</p>


How KZN plans to benefit from Africa’s new free trade area

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<p>In Tanzania, the tourism sector continues to face significant challenges including infrastructural ones both soft and hard that are required for the sector to even contribute more to the county’s economic development. This is according to Sirili Akko, Chief Executive Officer of the Tanzania Association of Tour Operators.</p>


Tanzania tourism faces significant challenges

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<p>Gauteng MEC Lebogang Maile engaged with developers, investors, and environmental consultants on the measures being undertaken by the provincial government to improve the ease of doing business in the province.</p>


Improving the ease of doing business in Gauteng

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<p>While under pressure from a resurgence of the far-right at home, European leaders, such as French President, Emmanuel Macron and Germany&#8217;s Prime Minister Angela Merkel are set to meet their African counterparts in Cote d&#8217;Ivoire today.</p>


Merkel, Macron’s Africa trip: Expectations and the unexpected

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<p>The CEO of the Dangote foundation, Zouera Youssou says Nigeria&#8217;s malnutrition rate is undermining progress towards improving child health and survival, and is putting the brakes on economic development.</p>


Dangote Foundation’s plan to fight malnutrition in Africa

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<p>For the sixth consecutive year, the Thomson Reuters Africa Summit, in association with CNBC Africa, took place in Cape Town. Executives from all over Africa gathered to discuss the future of business on the continent.</p>


What the advent of the fourth industrial revolution means for GGDA

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<p>The equities market was on an upward trend with NSE 25 and NSE 20 gaining 2.8 per cent and 1.9 per cent, respectively, taking their year to date performance to 28.6 per cent and 27.7 per cent.</p>


Kenyan market on an upward trend

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<p>Equity Group reported Sh9.3billion after tax profit for the first-half 2017 down from Sh10.07billion recorded under the same period last year. The Group&#8217;s profit before tax and exceptional items for period ended June 30 of Sh13.29 billion.</p>


economic development

Eye on OR Tambo SEZ EP1: Unlocking the investment potential of OR Tambo Special Economic Zone

SA National Treasury introduces new measures for COVID-19 emergency procurement

#GPSOPA2020: MEC Motara on how Gauteng is cutting red tape on bulk infrastructure projects, creating jobs

#GPSOPA2020: MEC Motara on how Gauteng is cutting red tape on bulk infrastructure projects, creating jobs

#GPSOPA2020: Gauteng’s R40bn plan for the township economy

#GPSOPA2020: Panyaza Lesufi on plans to build 100 new schools in next ten years

#GPSOPA2020: MEC Morakane Mosupye on how special economic zones can help create jobs for the youth

This new platform has potential to promote creative sector, create jobs for youth in Rwanda

Africa Investment Forum: JICA President Mutsuya Mori on the private sector as an important partner in Africa’s growth

How KZN plans to benefit from Africa’s new free trade area

Tanzania tourism faces significant challenges

Improving the ease of doing business in Gauteng

Merkel, Macron’s Africa trip: Expectations and the unexpected

Dangote Foundation’s plan to fight malnutrition in Africa

What the advent of the fourth industrial revolution means for GGDA

Kenyan market on an upward trend

Equity Group CEO James Mwangi talks earnings, layoffs

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Advertise With Us

economic development

Eye on OR Tambo SEZ EP1: Unlocking the investment potential of OR Tambo Special Economic Zone

SA National Treasury introduces new measures for COVID-19 emergency procurement

#GPSOPA2020: MEC Motara on how Gauteng is cutting red tape on bulk infrastructure projects, creating jobs

#GPSOPA2020: MEC Motara on how Gauteng is cutting red tape on bulk infrastructure projects, creating jobs

#GPSOPA2020: Gauteng’s R40bn plan for the township economy

#GPSOPA2020: Panyaza Lesufi on plans to build 100 new schools in next ten years

#GPSOPA2020: MEC Morakane Mosupye on how special economic zones can help create jobs for the youth

This new platform has potential to promote creative sector, create jobs for youth in Rwanda

Africa Investment Forum: JICA President Mutsuya Mori on the private sector as an important partner in Africa’s growth

How KZN plans to benefit from Africa’s new free trade area

Tanzania tourism faces significant challenges

Improving the ease of doing business in Gauteng

Merkel, Macron’s Africa trip: Expectations and the unexpected

Dangote Foundation’s plan to fight malnutrition in Africa

What the advent of the fourth industrial revolution means for GGDA

Kenyan market on an upward trend

Equity Group CEO James Mwangi talks earnings, layoffs

News Tips

Advertise With Us

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