Samsung to support black-owned ICT firms under EEIP

Samsung to support black-owned ICT firms under EEIP

This is the third edition of Samsung’s Equity Equivalent Investment Programme. Samsung and the Department of Trade, Industry and Competition (DTIC) have opened applications for the third edition of the Equity Equivalent Investment Programme (EEIP), inviting black-owned ICT and service centre SMEs across South Africa to apply. The South Korean-based electronics giant says the R280…

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Bulk volume submissions on proposed EEIPs in ICT sector

Bulk volume submissions on proposed EEIPs in ICT sector

Communications minister Solly Malatsi. South Africans from far and wide have engaged with the draft policy direction that seeks to review the role of equity equivalent investment programmes (EEIPs) in the ICT sector, with the official public consultation process garnering more than 19 000 submissions. This was revealed by the minister on Friday, delivering his…

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Top ICT tenders: Comms dept pursues SABC funding model

Top ICT tenders: Comms dept pursues SABC funding model

Television advertising revenue is dwindling and the competition for advertising has heightened. Volumes on National Treasury’s eTenders Portal are lower this week, but the ICT industry benefits from a range of interesting requests, with particular focus on software requirements. The Department of Communications and Digital Technologies grabs the headline this week with its announcement that…

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ICT SMEs slam draft transformation policy direction

ICT SMEs slam draft transformation policy direction

The ICT SMME Chamber does not support the proposed changes to the country’s black economic empowerment laws. The ICT SMME Chamber, which represents the interests of small businesses in South Africa, has slammed the proposed changes to the country’s black economic empowerment (BEE) laws. This, after in May, communications and digital technologies minister Solly Malatsi…

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ISPA supports ICT policy

ISPA supports ICT policy

The Internet Service Providers Association (ISPA) has come out in support of the Communications Minister’s proposed new policy direction. Source: © 123rf 123rf The Internet Service Providers Association (ISPA) has come out in support of the Communications Minister’s proposed new policy direction ISPA says its submission supports the finalisation of the draft direction in its…

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Ramaphosa backs Malatsi’s BEE reforms for ICT sector

Ramaphosa backs Malatsi’s BEE reforms for ICT sector

President Cyril Ramaphosa President Cyril Ramaphosa has voiced his support for the process undertaken by communications minister Solly Malatsi to introduce equity equivalent investment programmes (EEIPs) in the ICT sector. Malatsi in May published a draft policy directive, which he intends issuing to Icasa, urging the communications regulator to investigate how EEIPs, which are already…

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