State should ease SOE requirements for procurement, says Transnet CEO
This is to ensure that there is an even level field between the private sector and SOEs
29 June 2023 - 18:53
Transnet CEO Portia Derby has called on the government to reconsider the state’s procurement regime for state-owned enterprises (SOEs) in an effort to ease requirements for the entities to procure goods and services speedily.
Derby, speaking at the Black Business Council (BBC) annual summit on Thursday, says the government should rather consider the introduction of sector specific licensing requirements for procurement which would level the playing field between SOEs and the private sector. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.