BEMA�s advocacy for manufacturers bears fruit
Friday, May 26, 2017
BEMA had written a letter to the council’s city clerk querying the requirements of a tender for the supply and delivery of cold asphalt premix.
The association insisted that the council revises its tender requirements so as to include local manufacturers that are covered by the Economic Diversification Drive (EDD) directive. The tender had originally not included the manufacturer’s code thereby closing them out.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...