New procurement bill restores BEE to government - but legal problems not over | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 80%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Preferential procurement is intended to give previously disadvantaged South Africans a leg-up in winning government contracts to promote economic transformation. | politicsblahbla News24_Business

The new Public Procurement Bill, which will be tabled in Parliament next year, will restore all the preferential procurement measures struck down by the Constitutional Court in February.

Preferential procurement is intended to give previously disadvantaged South Africans a leg-up in winning government contracts to promote economic transformation. The Constitution provides both the goal of achieving value for money in procurement and the right of the state to use procurement to empower the previously disadvantaged.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

politicsblahbla _Business Hear comes Another Khusile another thieving stealing opputunity.

politicsblahbla _Business yes we've all heard this bee bill type-thing before; the helping of the previously disadvantaged blah, blah, blah etc etc who do you know that is part of the 'previously disadvantaged' that has ever benefited from this scheme before; seriously who?

politicsblahbla _Business Just automate this thing and cut the vultures that are the bud committee interfering

politicsblahbla _Business Also ,Question. EE only apply to white owned companies? Pic 1 shows ethnic and gender diversity while pic 2 only shows gender diversity. Just asking

politicsblahbla _Business “We were found to be implanting race based legislation that violates the constitution and basic human rights, but we’ve tweaked it so we can continue to do so. We anticipate that we may face similar legal issues in future but we are committed to racial discrimination.”

politicsblahbla _Business BEE has only benefitted a few, it distorts the economy, it gives the Socialist Government control over people's lives and facitates corruption. It reduces the size of the Private Sector in the economy. The National Democratic Revolution in action, on track, making all Poorer.

politicsblahbla _Business And we know which previously disadvantaged cadres will be first in the queue. And these tenders cost more because BEE allows that, which means less money available for schoooand hospitals.

politicsblahbla _Business How the Communist Propagandists, using Marxist tacticts, learned from the Communist Vietcong, made South Africa's peace-loving majority victims of terror, and today still dont tell South Africans that the ongoing NATIONAL DEMOCRATIC REVOLUTION will enslave all SAcans

politicsblahbla _Business At least give it to people that know wtf they are doing....because at the moment every Tom, Dick and Harry is getting contracts and they don't know wtf to do....100% only in it for the money. I don't see anything changing unfortunately since the government is still corrupt.

politicsblahbla _Business This does not help. We need ethical and qualified people to do the work.

politicsblahbla _Business We've had BEE for 30 years now. The results are there for all to see. Spectacular failure. Apartheid vs BEE... same . Racist.

politicsblahbla _Business =Anti-white

politicsblahbla _Business If Big Business had applied BEE properly and not undermined it through fronting and opposition to economic structural reforms as well as black economic participation in the mainstream economy,it could be on its way out. It’s going to be tightened now

politicsblahbla _Business Wow, and they just don’t know how to stop themselves

politicsblahbla _Business Stupidest things our country is doing, we have a broken country and the best of the best is needed to fix things not more corrupt legislation, this will not help the country, this will bring more sorrow. S.A has the stupidest government TBH

politicsblahbla _Business Lies

politicsblahbla _Business How many more decades of being in power before the term 'previously disadvantaged' falls away? Our new dispensation has been ruling for nearly 30 years and the most noticeable changes are increased corruption and a failing state.

politicsblahbla _Business Aah, another feeding trough legislated for the cadres.......

politicsblahbla _Business New rules for an old scam. BEE is legalised theft, that's all. A state mandated transfer of wealth from taxpayers and shareholders to a privileged, connected elite.

politicsblahbla _Business Ja.. To the expense of the whole rainbow nation 😒

politicsblahbla _Business Eish.. Still!? BEE, BBEE, etc? They just change the way they say it.. What about currently disadvantaged people?

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SA auditing firms left to count the cost of 'unusually high' staff turnover | BusinessSA auditing firms are seeing a sharp increase in staff turnover at supervisory and managerial levels. | News24_Business _Business Nobody’s born an auditor 😬
Source: News24 - 🏆 4. / 80 Read more »

Iranian soccer player sentenced to death after protesting against the death of Mahsa Amini | Business InsiderAmir Nasr-Azadani was arrested in November in relation to the killing of a police colonel and two volunteer militia members. What’s up with the comments to this article? Sickos or bots? That place is an evil place and should be sorted out by God soonest
Source: BISouthAfrica - 🏆 34. / 51 Read more »

Banks, lenders aren't feeding consumers' increasing appetite for credit | BusinessSouth African banks never fully opened their lending taps after the Covid-19 pandemic. And just as more consumers turn to debt to cope with the spiralling cost of living, lenders are tightening their appetite again. | News24_Business _Business I thought you guys wanted Ramaphosa for the second term
Source: News24 - 🏆 4. / 80 Read more »