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Opportunity Issue 96

Opportunity, endorsed by the South African Chamber of Commerce and Industry (SACCI) is the mouthpiece for business in Southern Africa. The aim of the publication is to inform potential investors both nationally and internationally of the most relevant business news: trade, investment, financial, market-related information for each business sector, as well as to inform of the latest developments in business legislation from both the public and private sector.

Opportunity, endorsed by the South African Chamber of Commerce and Industry (SACCI) is the mouthpiece for business in Southern Africa. The aim of the publication is to inform potential investors both nationally and internationally of the most relevant business news: trade, investment, financial, market-related information for each business sector, as well as to inform of the latest developments in business legislation from both the public and private sector.

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EDITOR’S NOTE<br />

Do not<br />

miss this<br />

<strong>Opportunity</strong><br />

“<br />

We should confront the legacies of apartheid spatial development.<br />

It will take bold leadership. It is doable. Many countries in the<br />

East have done it. Speeches don’t create wealth. Hard work does.<br />

Enabling policy environment where government is unwavering<br />

about its expectations from all social partners brings about<br />

socio-economic change. Our current policy trajectory is a sustaining one.<br />

It keeps those in poverty alive and in control so that they do not present a<br />

threat to the haves,” Jerry Vilakazi tells us on page 8.<br />

Vilakazi’s career trajectory is impressive and so are his insights into South<br />

Africa’s socio-economic past and present. He believes that government could<br />

have done more using procurement to advance economic transformation.<br />

Procurement is the name of today’s game. To preserve the social licence to<br />

operate by balancing approval from local communities and the management<br />

of legislation pressures, South Africa’s mining companies often invest in<br />

social impact initiatives that create social benefits. However, they generate<br />

minimal levels of sustainable socio-economic value and as a result, the<br />

industry is missing out on potential advantages. Sustaining a competitive<br />

advantage will require a shared-value agenda. A strategy that addresses<br />

the national priorities of inclusive growth and transformation is needed.<br />

Our article on page 18 attests that procurement can be the driver for this<br />

transformation.<br />

And The Big Blitz on page 32 demonstrates how a proactive procurement<br />

department can help capture a wealth of savings when oil and gas prices fall.<br />

Take the <strong>Opportunity</strong> to procure your power with this edition that is<br />

packed with practical advice on all matters ranging from intra-African trade<br />

to African development.<br />

Alexis Knipe, Editor<br />

2 | www.opportunityonline.co.za<br />

www.opportunityonline.co.za<br />

Editor: Alexis Knipe<br />

Publishing director: Chris Whales<br />

Managing director: Clive During<br />

Online editor: Christoff Scholtz<br />

Designer: Simon Lewis<br />

Production: Aneeqah Solomon<br />

Ad sales:<br />

Venesia Fowler<br />

Joy Peter<br />

Marco Gibbs<br />

Tanya Duthie<br />

Tennyson Naidoo<br />

Tahlia Wyngaard<br />

Administration & accounts:<br />

Charlene Steynberg<br />

Kathy Wootton<br />

Distribution and circulation manager:<br />

Edward MacDonald<br />

Printing: FA Print<br />

PUBLISHED BY<br />

Global Africa Network Media (Pty) Ltd<br />

Company Registration No:<br />

2004/004982/07<br />

Directors: Clive During, Chris Whales<br />

Physical address: 28 Main Road,<br />

Rondebosch 7700<br />

Postal address: PO Box 292,<br />

Newlands 7701<br />

Tel: +27 21 657 6200<br />

Fax: +27 21 674 6943<br />

Email: info@gan.co.za<br />

Website: www.gan.co.za<br />

No portion of this book may be reproduced without written consent of<br />

the copyright owner. The opinions expressed are not necessarily those of<br />

<strong>Opportunity</strong>, nor the publisher, none of whom accept liability of any nature<br />

arising out of, or in connection with, the contents of this book. The publishers<br />

would like to express thanks to those who support this publication by their<br />

submission of articles and with their advertising. All rights reserved.

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