Supply Chain Management Department making good on City's commitment to B-BBEE businesses
The latest report on the activities of the City of Cape Town's Supply Chain Management Department shows a continued high degree of City business with Broad-Based Black Economic Empowerment (B-BBEE) businesses.
This Department oversees the City's issuing of tenders to service providers. The report covers the quarter from October to December 2012.
The report highlights the City's continued commitment to building an Opportunity City by stimulating economic growth in Cape Town, with a particular focus on emerging, small and new businesses.
The number of B-BBEE service providers who have conducted business with the City in this quarter (October to December 2012) was 1 491. This equates to 56% of the overall number of service providers used.
A total of 41 502 purchase orders were issued to the B-BBEE vendors, which equates to 71% of the total number issued, and the BEE spend was R1 909 849 614,84 which is equivalent to 71% of total expenditure (R2 696 874 440,08) for the period.