The Preferential Procurement Policy Framework Act (PPPFA) is being redrafted to empower the Department of Trade and Industry (DTI) to “designate” sectors that will be required to integrate the emerging local-content thrust. In the process, the PPPFA’s points system will be aligned to broad-based black economic empowerment codes, so as to ensure that both industrial development and transformation objectives are catered for.
This requirement was sorely lacking in the last PPPFA draft. Good idea indeed.
BTW
The latest version of the Industrial Policy Action Plan (Ipap), covering the fiscal period 2011/12 to 2013/14, indicates that the initial sector designations should be published during the first half of 2011.