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Should this materialise, black business will be in a good position to cash in on the parastatal's multibillion-rand infrastructure development project.

BBC president Ndaba Ntsele said: "Such a deal will give us an opportunity to hunt in packs as black business."

The financial report of the parastatal shows that Eskom's total procurement budget stood at R90-billion.

Ntsele commended Eskom, the Public Investment Corporation and the Industrial Development Corporation as the state entities that have shown willingness to empower black businesses.

No mention, however, was made of the Passenger Rail Agency of South Africa (Prasa), which has been at loggerheads with black business on how it aims to implement empowerment for the rolling stock fleet programme, which is worth R120-billion.

Prasa is expected to announce details on Wednesday.

Ntsele called for a rethink on how empowerment is conducted, saying the council no longer wants to see black businesses partnering with established corporates when vying for state tenders, and proposed a ministry of small business.

"We want black business to bid and win government on its own."

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Sun May 26 08:21:12 SAST 2013 ::

Oct 12, 2012

cornelius

Another recipe for abuse - there are enough AA laws in place already, why do they have to ramp it up, if they cannot compete, even withh the existing laws, they are just k.aksleg.
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