Defence sector code gazetted

Trade and Industry Minister Dr Rob Davies expects transformation in South Africa’s defence sector to gain traction, following the gazetting, on Monday, of the Defence Sector Code in terms of Section 9(1) of the Broad-Based Black Economic Empowerment Amendment Act. Davies says the development of the Defence Sector Code was made possible owing to the leadership of the Ministry of Defence and Military Veterans, as well as the Armaments Corporation of South Africa, in collaboration with the industry, to develop sector-specific transformation guidelines.