Black Economic Empowerment Rules Extended For All Public Procurements

BMI View: Most South African drugmakers have already made an effort to attain a high black economic empowerment (BEE) rating and have welcomed alterations to the drug tender regulations. The extension of the procurement rules to include aspects of empowerment other than equity share should favour Adcock Ingram, a local drugmaker that feels it lost out unfairly due to the previous interpretations of the rules in the 2011-13 antiretroviral (ARV) drug tender in December

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