By Mediacy Mudekwa The cost of state capture is estimated to be around R1.5-trillion over the last approximate four years. To put this into perspective, R1.8-trillion is the national budget for 2019. According to the Daily Maverick, state capture has wiped out “a third of South Africa’s R4.9-trillion gross domestic product, or effectively annihilated four […]
State capture: a supply chain created problem? Read More »
By Matodzi Ratshimbilani President Cyril Ramaphosa and the Minister of Finance have, on several occasions in the recent past, informed South Africa that mega state-owned enterprises (SOEs) will soon be under the helm of chief restructuring officers (CROs), of whom a lot is expected to turn around the fortunes of beleaguered SOEs. On 30 July
The unenviable task of the Chief Restructuring Officer (CRO) Read More »
Brexit has delivered some issues, no doubt about that. It has also presented a massive opportunity to put right a lot of what is wrong with public procurement. “This is, indeed, a chance to establish the foundations of public procurement policy and to enable contracting authorities to drive real value for money, cost effectiveness, continuous
Brexit can right the wrongs of public procurement Read More »
Changes made to South Africa’s government procurement policy are aimed at relying more heavily on public procurement as a tool for increasing the pace of economic transformation and urgently addressing socio-economic imbalances owing to South Africa’s pre-democratic past. This was largely performed through the implementation of the Preferential Procurement Regulations of 2017, which introduced a
Policy changes pin hopes of economic transformation on government procurement Read More »
Inconsistency in procurement processes is prevalent. In many published articles on a variety of topics, corruption is much like a mushroom, it thrives in the dark. The benefit of competition is well-recognised by economists but, to a large extent, concern around public procurement processes is based more on the concerns of political science rather than
Procurement perspectives: corruption thrives on secrecy in government procurement Read More »
Smart Procurement World is bringing its regional conference to the Free State. Partnering with the Free State Department of Economic, Small Business Development, Tourism and Environmental Affairs (DESTEA) has enabled Smart Procurement World to take its procurement and supply chain indaba into its fourth South African province. Since beginning in Gauteng in 2009, Smart Procurement
Free State welcomes Smart Procurement World Read More »
If a municipality intends to explore the possibilities around effective and efficient procurement by adopting a more strategic approach, then it must place emphasis on taking proactive measures to improve the purchasing function. “It is not sufficient to rely on only those measures that would prevent things from going wrong; it would be time well
Procurement perspectives: exploring a more efficient procurement process Read More »
The chickens have come home to roost for public procurement in South Africa − and what a lot of chickens there are! All indications are that public procurement has been beset by peddlers of influence, venal vendors, rogue executives and delinquent boards. Without a doubt, those responsible must be held accountable for their ruinous conduct.
Stopping the public procurement rot: don’t blame the mouse, blame the hole in the wall! Read More »
The public sector’s struggle to recover irregular expenditure is hamstrung by inconsistent laws. Public-sector specialist Helen Venter unpacks the problem in this month’s SmartProcurement. For the past three years, the Auditor General of South Africa has complained about the lack of consequence management against accountable officials for incurring irregular or fruitless and wasteful expenditure. The
Inconsistent laws a public-sector headache when recovering irregular expenditure Read More »
Ensuring that the right quality of an item is ordered and delivered may seem like a fairly obvious responsibility. However, doing so in practice requires a fairly sophisticated understanding of market conditions and user requirements, which, like many organisations, municipal departments do not possess. “There is a higher probability of generating measurable savings if municipal
Municipal materials management may require a counter-intuitive purchasing approach Read More »
