What is ‘Entrepreneurial Procurement’? How can the term entrepreneurial be applied to people who are working for large organisations? (Most are in procurement) Surely being entrepreneurial is about coming up with a new idea and building a business from the ground up? “That is the conventional view of an entrepreneur, but in the context that […]
10 Traits of a successful ‘procurement entrepreneur’ 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 »
The Treasury is reviewing the entire legislative framework for supply chain management by the government with a view to developing a single procurement law, said Finance Minister Pravin Gordhan . The envisaged law aims to improve efficiency in the procurement environment and eliminate corruption, among other things. According to media reports, South Africa loses between
Supply chain law review aims to improve procurement efficiency Read More »
"The punitive changes being introduced to the procurement system by National Treasury’s chief procurement officer, (CPO), will meet stiff resistance," says Corruption Watch executive director David Lewis. The changes, outlined in a new Public Procurement Bill drafted to simplify the state tender system, will disqualify errant and non-performing contractors. The regime includes a 10-year trading
Public support needed behind Procurement system’s up-hill battle Read More »
Wouldn’t it be great to lower the costs associated with preferential procurement? The unfortunate truth is however, that the total life costs associated with engaging historically disadvantaged suppliers are often unexpectedly higher than engaging in business as usual. With existing and looming charter obligations, preferential procurement has become a strategic imperative and organisations need
How do we afford affirmative procurement? Read More »
When asking clients what their biggest focus in the current volatile economic situation is, the most common answer is managing expenses effectively. ‘It is never a case of simply cutting costs, but rather of ensuring that clients are managing costs effectively by knowing exactly when, by whom and for what company funds are being
Procurement certainty in an uncertain economic climate Read More »
A $33-million fund to help the Ethiopian government modernise management of its public finance and procurement has been approved by the World bank. The group said that the fund, in the form of an International Development Association (IDA) credit, would allow Ethiopia to strengthen the effectiveness of internal control systems and ensure proper expenditure management
World Bank helps Ethiopia modernise public procurement Read More »
Too often the relationship between agencies and marketing procurement departments is presented as adversarial – unaccountable spendthrifts versus narrow-minded bean counters. Procurement professionals are increasingly eager to transcend this narrow definition and look for more meaningful and productive agency relationships. In fact, old-style procurement needs to change to keep up with the new, always
How procurement can build more productive agency relationships Read More »
The government, big businesses and South Africans need to buy locally produced goods to support job creation, higher economic growth and address poverty, Deputy President Cyril Ramaphosa says. "If we want our economy to grow, then we need to buy more locally made goods," he said at a Proudly SA Buy Local annual summit.
Buy SA or Buy Africa? Read More »
A proposed law to modernise public procurement in Ghana, bringing it closer in line with international best practice, is one step closer to becoming a reality. The Public Procurement Amendment Bill 2015 was passed by the country’s parliament and now needs to be signed by Ghana president John Dramani Mahama to bring it into
Ghanaian parliament approves procurement bill Read More »
