o The target of 25% will not be met o These are clear indications of industry's apathy and possible contempt for the Charter. . LFC procurement has been premised on preferential transactions with companies that have 25% ownership irrespective of other BB-BEE elements. As such narrow empowerment is taking place. . The oil industry has opted for narrow based empowerment at the expense of SMME empowerment and BBBEE . Company procurement processes are a barrier for effecting the LFC procurement objectives. . Lack of a mandate and authority to enforce compliance is evident. . Current economic environment has relegated supplier development programme to the back burner.