Even a cursory reading of the published parts of the report of the Judicial Commission of Inquiry into State Capture (the Zondo Commission), leaves no doubt that public procurement was at the heart of state capture in South Africa, says Prof. Geo Quinot, professor of law at Stellenbosch University and director of the African Procurement […]
The Urgency of Procurement Reform after State Capture in South Africa Read More »
The pressure is on for procurement to set an example for ethical sourcing practices. Find out why it’s such a prevalent topic and what you need to be aware of in your organisation, from the dynamic Australian communications expert, actor and writer, Alice Marks.
Ethical Sourcing Matters Read More »
By Sammeli Sammalkorpi During the past few months, I have discussed with a number of chief procurement officers (CPOs) how they have managed procurement during COVID-19. One recurring answer was along the lines of ‘we broke all of our processes and went into wild-west-mode’. Now, many said this with an interesting combination of sadness and
Procurement needs less processes – as they are slow, boring and self-centred Read More »
Right now, as the COVID-19 pandemic takes its toll on jobs, consumer spending and the global economy, many businesses are scrambling to adjust to a new financial reality. They are also coming to terms with the fact that the path to recovery remains long and mostly uncertain. Experts, including Deloitte, predict that the United States
How can Procurement best align with Finance right now? A CFO perspective Read More »
SMME Clinic interviews Annie McWalter, Managing Director of SAICA ED and the Hope Factory, who shares great insight into how the COVID pandemic has shown the importance of compliance for SMMEs.
SMME Clinic | Financial compliance for small business is the key to support – Session 21 Read More »
By Erica Bosio, Programme Manager: Growth Analytics, Development Economics Vice Presidency, World Bank The trade-off between rules and discretion has been a central topic of research in public procurement. Kelman’s (1990) early work stressed the costs of rigid regulation in United States government procurement and made the case for discretion. Since then, research on the
Rules vs. discretion in public procurement Read More »
On 27 June 2020, MarketWatch reported that the global disposable face mask market size was anticipated to reach US$23.81-billion by 2027. On 30 June, Goldman Sachs released an extensive economic analysis of why the wearing of a face mask is a must. By studying the link between coronavirus infections and mask mandates in US states
By Marko Grujicic, Analyst, Growth Analytics;Joseph Lemoine, Analyst – Growth Analytics, Development Economics Vice Presidency; andGreta Polo, Private Sector Development Analyst, World Bank It might be assumed that public procurement is most heavily regulated in high-income countries, given that they have greater public sector capacity, more efficient institutions and longer traditions of regulation. This assumption
Which region regulates procurement the most? Read More »
We would all agree that government procurement should be held to the highest level of ethical standards. It is very important to the entire system that everyone working with or for a municipality be of the same mind set. The whole idea of the importance of adherence to an appropriate standard of ethics in the
Oxymoron: Ethical policies and public procurement? Read More »
By Elaine Porteous Corruption is not unique to Africa, nor is it a new problem. However, Africa is perceived as the most corrupt region in the world as well as the most under-developed. Corruption is a complex social, political and economic phenomenon that slows economic development and contributes to governmental instability. There is no simple
Corruption and collusion: lessons from Africa Read More »
