PROCUREMENT
Small business boon as state rolls out new clearing house model across SA
The Department of Trade and Industry is looking to broaden access to procurement opportunities for small, medium and micro enterprises by extending its clearing house model across all nine provinces. Such a clearing house is located in the premier’s office and controls procurement of all government departments and municipalities in a province. Only Gauteng and the North West have so far implemented the model, department director-general Lionel October said. October was addressing the inaugural broad-based black economic empowerment rural and township economy summit in East London. The clearing house mechanism would address concerns raised at the summit, such as corruption, in order to close the gap between procurement opportunities and delivery on the ground, he said. Hassle-free funding model The department was looking to lobby the Treasury to create a hassle-free funding model for informal and very small businesses that had potential to create jobs. These proposals come as SA batt...
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