SPONSORED | The Gauteng Township Economic Development Act is projected to double the size of the province’s economy within a decade. How will this be achieved? The province's inclusive economy director answers this and other questions. GautengDED
Mathopane Masha, the province’s director for inclusive economy, provides a progress update on Gauteng Township Economic Development ActMathopane Masha, the Gauteng provincial government’s director for inclusive economy. Picture: Supplied/GDEDis in full swing, despite earlier threats to challenge the bill in court.
We’ve also published request for information in a lot of areas. We are looking at getting as many potential partners involved in the implementation as possible. The clause in the original bill that referred to that aspect is no longer in the act. What is clear in the act is that it is privileging black people in terms of the BBBEE legislation.
However, if you flip the script and do procurement aggregation, where multiple enterprises in the township cluster together and supply [products and services] as if they were an individual entity, then you are able to create opportunities. For example, 45% of the value of the project has already been localised, we are contracting local SMMEs around Mamelodi and surrounding areas, and the impact has been huge.
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