Black business hits out at new procurement regulations

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Black business bodies say public procurement isn’t working in their favour and have urged legislation in this regard be speeded up

Treasury says the latest guidelines don’t do away with empowerment criteria but black business bodies want specific mention of black ownership and localisation of productsThe Black Business Council has urged the government to quickly finalise the preferential procurement bill and tighten criteria

for black ownership and localisation as the new tender regulations issued last week could be detrimental to its members...You’ve always trusted us to help you navigate the world. Support the Sunday Times by becoming a premium member for only R80 and keep the conversation going. You can cancel anytime.

 

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I think that is exactly their problem, they expect favours.... Too many examples of preferential treatment where the money is gone, and shoddy, if at all, work was done.....

🤣🤣🤣 can’t compete without laws to guarantee they get work, how useless must these companies be🤣🤣

WTFC

It's not about black and white or colour anymore , It's about who is going to take the opportunity and make the difference, Stop this out country was blessed get to work!

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