Navigating the legislative environment applicable to state procurement is no easy task and arriving at a workable understanding has for many, since the 2017 Preferential Procurement Regulations (“2017 Regulations”) were set aside, taken on the form of trying to solve a five-sided Rubik’s cube. Sean Sim, Director of Sim & Buzo Attorneys in Johannesburg, enlightens …
Light cast on Preferential Procurement Regulations 2022 Read More »
The Enterprise and Supplier Development (ESD) element of the revised BBBEE Codes has made it clear that providing only financial and non-financial support to small suppliers and SMMEs is no longer sufficient. Considering the imperative that the ESD element places on strategically engaging with suppliers, Christa Bonnet, founding member and Chief Executive Officer (CEO) of …
Black industrialists have a responsibility to maintain black ownership of their businesses. Failure to do so can set back government’s transformation efforts. As a black industrialist it means that one has to be involved in the running of the business on daily basis and according to the BEE act, a black industrialist cannot sell/resell …
Understanding policies underpinning the creation of black industrialists Read More »
While national treasury is pushing ahead with an e-procurement portal, questions are being raised about what has become of the 30% of procurement budgets set aside for small, medium and micro enterprises (SMMEs) that President Jacob Zuma announced in the 2015 state of the nation address. Last month, finance minister Pravin Gordhan said in his …
How will the National e-Procurement portal affect set-asides for small business? Read More »
South Africa currently faces many problems and government must stop applying quick fixes and actually investigate the root of the problem and address it. This was the consensus at a Smart Procurement World Western Cape panel discussion. “PPPFA must not fall, but the principles of 80/20 and 90/10 must fall, simply because the framework …
Last year was one of massive and sometimes controversial change, for broad based black economic empowerment (BBBEE). The amended BBBEE scorecard, gazetted in October 2013, came into effect in 2015 and will affect all companies who are being measured and verified based on a financial period ending after 30 April 2015. “For some companies, …
4 areas you can focus on to immediately boost your BEE levels Read More »
Lobbying organisations promoting black empowerment are calling for the Preferential Procurement Policy Framework Act (PPPFA) to be repealed because it places too much emphasis on price. The Progressive Professionals Forum (PPF), which lobbies to address socio-economic disparities and promote broad-based black economic empowerment (B-BBEE), says the law prioritises competitiveness and cost-effectiveness.
Tensions between SAA’s Board and its top officials around transformation vs operational requirements has seen the resignation of the carrier’s Chief Financial Officer, Wolf Meyer. While details of his resignation are not clear, it is reported that his decision is linked to the SAA Board’s push to set aside 30% of a contract …
Public sector bodies in South Africa have been urged to ensure their procurement strategies “explicitly recognise the significant benefits of procuring from local small businesses”. Speaking at a regional procurement conference, Small Business Minister Lindiwe Zulu, emphasised the need for established organisations to partner with small, medium and micro enterprise (SMMEs) to boost economic …
“The new draft regulations, if they are accepted, will legalise wholesale corruption at an even grander scale than we are currently witnessing,” said Helen Zille, Democratic Alliance (DA) premier of the Western Cape Government. Speaking on amendments to Preferential Procurement Regulations put forward by government, the premier said that amendments to the procurement law …
Draft regulations have the “potential to legalise corruption” Read More »
