The building industry has welcomed plans by the government to act against extortion rackets, blamed for derailing multibillion-rand infrastructure and construction projects.
By tackling the issue in his address, the president has “elevated the matter and given it the seriousness and the attention it deserves”, Mfebe told Business Day. The spate of disruptions involving so-called “business forums” began in KwaZulu-Natal but has spread across the country in recent years, cropping up in the construction of everything from roads to mines to luxury housing developments.
The invasions have been characterised by a misinterpretation of the Preferential Procurement Policy Framework Act and accompanying regulations, designed to give black South Africans, women and disabled people access to government projects — with groups justifying protests under the banner of transformation.stressed, however, that there “are those genuine cases of communities wanting to be part of the mainstream of the economy through projects that are happening in their localities”.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cape Town aims to ensure residents score from cannabis industryAs national government prepares to formalise the sector, the city is set to release land for cultivation
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: City_Press - 🏆 7. / 72 Read more »