Procurement policy will hamstring delivery of R500bn Covid-19 stimulus
Draft bill fails to deal with many core issues that bedevil process
Unless more accountability, transparency and fairness is brought into SA’s procurement policy, or it is scrapped in its current form, the delivery of the R500bn Covid-19 economic stimulus will be severely undermined.
About R230bn of the stimulus package will involve direct financial transactions by government departments and entities. Though the Treasury gazetted the draft Public Procurement Bill in February to establish a single regulatory framework for procurement applicable to national, provincial and local government as well as state-owned entities, the bill does not deal with many of the core issues that bedevil public procurement...
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