Compliance / Legal

The trade-off between clean audits and innovative government

  It took Western Cape Premier Helen Zille years in government to learn that South Africa is the only country in the world that has developed the concept of a ‘clean audit’. And there is a good reason why other countries have not; trying to achieve a clean audit can actually become a stumbling block […]

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12 points to consider in supplier responsibility

  How socially responsible are your suppliers? Supply chain social responsibility is rapidly becoming as important as cost when selecting suppliers. This 12-point supplier responsibility checklist, from Next Level Purchasing, is a great starting point to make your supply chain more socially responsible. 1. Investigate a supplier’s involvement in human trafficking. 2. Investigate whether a

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Latest Research: Where does SA procurement face it biggest challenges?

  BEE procurement, specifically implementing the New Codes, is considered the biggest challenge that South African procurement professionals currently face, said 481 respondents to a SmartProcurement survey. The concern around The Codes is unsurprising, considering many organisations believe they stand to lose a BEE level or two. Concerns around the BEE Codes will be extensively

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Building SMEs: don’t overlook administrative tasks

  While the more traditional approach to enterprise development (ED) typically involves providing entrepreneurs with high-level support and mentorship, the importance of assisting them to focus on “the basics” cannot be underestimated. This includes identifying and addressing gaps in their administration, compliance and general reporting systems, says Shawn Theunissen, head of CSR at Growthpoint Properties

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Regulation delays let state’s big spenders off hook

Treasury regulations aimed at curbing wasteful expenditure by officials on car rentals, hotels and air tickets will not immediately affect some of the government’s biggest spenders. According to a Treasury instruction note sent to all departments, constitutional bodies and public entities last month, cost-cutting measures relating to executive authorities will only be set out in

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Reforming New Zealand’s public sector procurement governance

   Phil Weir initiated and led procurement reform for the New Zealand government. In this month’s SmartProcurement he shares how his department developed efficiencies in 350 government agencies that expend NZ$20-billion. However, if you’re expecting a complex recipe for public procurement soufflé you will be disappointed. “The key lesson,” says Weir, “is that developing efficiencies

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Non-compliance with fraud and corruption prevention legislation a major risk

  Whilst the word “risk” is fast becoming a cliché, it has increasingly important connotations for organisations owing to the plethora of legislation both here and internationally aimed at preventing fraud and corruption, says Alan Low of Purchasing Index (PI) in this month’s SmartProcurement. Local legislation includes: • Prevention of Organised Crime Act (POCA) –

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Five steps to get ahead of the procurement fraud curve

Corrupt staff members or officials keep companies under the water gasping for air with devastating effects. Companies drown under the weight of policies and procedures that are ignored and sometimes not fully understood to implement successfully. “Reduce the likelihood of irresponsible decisions,” says Rudi Kruger, General Manager of LexisNexis Risk Management. Kruger provides five quick

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Revised BEE Codes released as early as July 2013?

  The DTI may release the revised BEE Codes as early as July 2013, and many of the principles that we were exposed to in the draft version will be retained. “Other than that, we are in the dark, once again…” says Bruce Rowe of Mpowered Business Solutions in this month’s SmartProcurement.  If organisations are

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The scale of SA’s procurement fraud

  “Fraud prevention systems don’t work because people are the ones that commit fraud and not systems.” Smart Procurement World recently sat down with international innovation, procurement and sustainability expert Colin Cram. Colin is best known for his passion around the topic of combating global procurement fraud. He has held senior procurement positions for over

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