LOCALISATION
A new business association has been formally launched to link foreign suppliers of equipment to State-owned companies (SoCs) with large and small domestic companies in an effort to improve prospects for higher levels of local content in South Africa’s multibillion-rand infrastructure programme.
Known as the Industrialisation Supplier Development Association (ISDA), the organisation was unveiled during a televised breakfast in Sandton on Thursday, hosted by SABC 2 and The New Age newspaper and addressed by Public Enterprises Minister Malusi Gigaba.
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