This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

Minister Godongwana changes BEE rules for SOEs

Loading player...

Government institutions such as Eskom, Transnet and Denel no longer have to disqualify suppliers just because they do not meet BEE requirements.

After years of sustained pressure, government relented and promulgated regulations stating that state-owned enterprises (SOEs) no longer have to comply with BEE requirements when awarding government contracts. Finance Minister Enoch Godongwana on Friday promulgated new preferential procurement regulations that do away with the controversial qualification that has been in place since 2017.

7 Nov 2022 1PM English South Africa Business News · Investing

Other recent episodes

SANEDI on Key AEF Takeaways critical for South Africa's Energy Future

Prof. Sampson Mamphweli, the Head of the Energy Secretariat at the South African National Energy Development Institute (SANEDI), joins us for his view on South Africa's future. He unpacks policy and project-based initiatives that came to the fore on the agenda at this week's Africa Energy Forum.

18 Jun 3PM 11 min

Africa’s Power Market Is Learning to Share: AEF 2026 Highlights

From Uganda’s first independent transmission project to South Africa’s R440bn grid expansion plan, AEF 2026 showcased a continent shifting toward private‑sector participation and distributed energy. Absa CIB's Nikhil Kasiram breaks down the biggest trends shaping Africa’s power future.

18 Jun 3PM 12 min

Pivot Point: BrightRock at 15 and CEO Stevens on Leading the Next Chapter

BrightRock celebrates 15 years of disrupting the life insurance industry with its needs‑matched model. CEO Suzanne Stevens reflects on her leadership journey, the company’s growth to over 12% market share, and the future of life insurance in a rapidly changing consumer landscape.

18 Jun 3PM 18 min

Inside Your Pocket: Youth Money Matters and Why Waiting Costs More Than You Think

Youth Month shines a spotlight on the financial pressures facing young South Africans. Investec's Johan Loubser explores how unemployment, decision fatigue and uncertainty delay key financial decisions — and why postponing saving or investing can be the most expensive mistake a young person makes.

18 Jun 3PM 9 min

Lower Oil, Same Bottlenecks: The Iran Deal’s Real Impact on African Supply Chains

The US–Iran peace agreement has eased oil prices and reopened the Strait of Hormuz — but global shipping remains far from normal. Dr Ernst van Biljon from IMM Graduate School explains why vessel backlogs, insurer caution and Africa’s own structural constraints mean supply chain pressures are far from over.

18 Jun 3PM 11 min

All episodes