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PICS: N3 upgrade between Durban and Joburg will save motorists 6 300 hrs every day

PICS: N3 upgrade between Durban and Joburg will save motorists 6 300 hrs every day
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Your travel time between Durban and Joburg is about to get shorter as N3 gets R3bn upgrade

Draft Guidelines on collaboration between competitors on localisation initiatives published for comments

On 13 August 2021, the Competition Commission (“Commission”) issued draft guidelines on collaboration between competitors on localisation initiatives for public comment in terms of section 79(3) of the Competition Act No. 89 of 1998 (as amended) (“Act”) in Government Gazette number 44981.  In response to the economic consequences of the Covid-19 pandemic, government developed the Economic Reconstruction and Recovery Plan (“ERRP”) which maps out interventions aimed at promoting inclusive growth and employment in the domestic economy. One of the key objectives of the ERRP is increased localisation – increasing the share of total procurement of an identified input from local suppliers and decreasing the share of procurement of imports of the same input.

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