Mar 27, 2019 SOURCE: © CTO Data Services Co.
SOUTH AFRICA TORMENTS OEMs WITH NEW BEE SECTOR CODE FOR THE DEFENCE SECTOR
South Africa’s Department of Trade and Industry (DTI) has revised the country’s broad-based BEE code for the defence sector. The code requires companies to procure at least 60 percent of their defence materials and technologies from local producers. The black ownership sub-contract target is now 30 percent instead of 25...
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