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Articles in category: Procurement Ethics
Pretoria – President Jacob Zuma has appointed new members of the Presidential Black Economic Empowerment (BEE) Advisory Council.
Government’s plans for reining in the country’s public procurement would be outlined in the Public Procurement Review, which will be published next month.
Finance Minister Nhlanhla Nene told Parliament on Wednesday that the document would “clearly” outline the reforms to be implemented within the next five years.
This emerged as the 2014 Medium-Term Budget Policy Statement (MTBPS) revealed that government’s modernisation of its procurement systems had gained traction with the pilot expected to start at selected provinces and large national departments within the next few months.
The design of a national price-referencing mechanism had also been completed ...(Read Full Article)
Government has proposed a new framework for funding state-owned companies, which will include closer monitoring of such entities.
In the Medium Term Budget Policy Statement (MTBPS) tabled in Parliament on Wednesday, National Treasury has said that state-owned companies and public entities play important roles in realising government’s economic and social mandate.
These entities need to be financially sound and operationally effective, contributing to development without draining the fiscus.
“Government is proposing a new framework for funding state-owned companies that will distinguish purely commercial activities from the costs of exercising their developmental mandate,” said National Treasury in the MTBPS.
Starting tomorrow a group of government officials and experts belonging to the world’s leading anti-money laundering organisation – the Financial Action Task Force (FATF) – will be meeting in Paris. On the agenda is the adoption of a document on an issue that has major implications for the fight against crime, corruption and tax evasion around the world.
It’s a shame nobody outside of this small circle of experts from governments and international organisations has had a chance to see the document before it comes out.
According to the FATF website, at its upcoming plenary meeting the organisation will adopt ...(Read Full Article)
The South African economy is stuck in first gear. Slow economic growth, high levels of unemployment and high inflation is likely to continue for some time.
With South Africa facing such difficult economic circumstances, it is expected that in his Medium Term Budget Policy Statement on Wednesday, the Minister of Finance, Nhlanhla Nene, is going to face significantly reduced revenue in his budget. There is therefore every possibility of cuts to the budget, or a dramatically increased budget deficit.
We would never have been in our current fiscal situation if government was able to curb wasteful expenditure. The SIU estimates ...(Read Full Article)
COUNTRIES wanting to sell their nuclear technology will be able to parade their wares in a pre-procurement workshop to be hosted by the Department of Energy that will include representatives from other state entities.
On Sunday, the Department of Energy issued a statement saying the first of these workshops would begin with Russia and would take place before the end of October.
According to the statement, the vendor parade workshops entailed vendor countries presenting their nuclear technology offerings.(Read Full Article)
More than 80 automotive component manufacturers under investigation for allegedly colluding to fix prices and dividing the market for the past 14 years(Read Full Article)
Opposition political parties believe the government must provide financial assistance to the South African Post Office (Sapo), a sharp departure from their usual stance that there should be no further bail-outs for state-owned companies.Both the Democratic Alliance (DA) and the Freedom Front Plus (FF+) say that the withdrawal of the government subsidy for Sapo for it to fulfil its universal service obligations — particularly in unprofitable rural areas — has contributed to its financial malaise. But they stressed that mismanagement and corruption have also played a part and had to be dealt with(Read Full Article)
President Jacob Zuma has given authority to Energy Minister Tina Joemat-Pettersson to sign an agreement for the safe use of nuclear energy with France. “President Jacob Zuma has, in terms of section 231 of the Constitution of the Republic of South Africa, granted authority to the Minister of Energy, Ms Tina Joemat-Pettersson, to sign an agreement on Cooperation in the Development of Peaceful uses of Nuclear Energy, between the Government of the Republic of South Africa and the Government of the French Republic,” said Presidential spokesperson Mac Maharaj.
ROSATOM, the state-owned Russian nuclear company, spent on Thursday afternoon trying to disown its earlier claim of having been awarded a contract to build SA’s proposed fleet of power stations.
The company blamed a poor translation for its late September statement in which, quoting South African government officials, it said it had been granted the right to build a fleet of nuclear power stations for SA.
The news that Russia would build nuclear power stations came as a surprise as no announcement had been made by the government that it had begun any tender process to procure the 9 ...(Read Full Article)
Eliminating fraud from our food supply chains is imperative but it’s easier said than done. Modern supply chains have become increasingly intricate and larger supply chains inevitably have a greater exposure to risk.
In this guest post, Procurement Leaders invites Charles Morrison from supply chain management solution provider NQC to look at tactics being used to tackle supplier fraud and with precise data.
This was the advice from the experts answering the ethical dilemmas of delegates at the CIPS Annual Conference in London last week. “I think there comes a point if you are working for a company and consistently find that people are asking you to do things that are not ethical, you have to think “do you want to stay here?,” advised Meryl Bushell, consultant, former CPO and a crown representative for the UK government.(Read Full Article)
Entrepreneur forced to sell up and move in with his grandmother in Soweto because government failed to pay him on time.
Although the government is big on promoting small businesses and creating jobs, it kills small businesses and loses jobs because of slack paying.(Read Full Article)
UK government to introduce common principles for infrastructure procurement to promote best practice
The UK government is introducing new infrastructure procurement principles, for projects such as the Thames Tideway Tunnel, to address industry concerns about inconsistency.(Read Full Article)
A review has uncovered R34.9 billion (£1.9 billion) of “irregular expenditure” around public works in South Africa.
Issues that have been uncovered by the review included tenders not being advertised properly, a minimum number of quotations not received, emergency procurement used for non-emergency situations, lowest quotes not being selected, incomplete documentation and incorrect approvals.Issues that have been uncovered by the review included tenders not being advertised properly, a minimum number of quotations not received, emergency procurement used for non-emergency situations, lowest quotes not being selected, incomplete documentation and incorrect approvals. - See more at: http://www.supplymanagement.com ...(Read Full Article)
African governance standards are gradually improving but there are warning signs of backsliding.
The Ibrahim Index of African Governance ranked Somalia lowest, coming bottom in all four categories: safety and rule of law, participation and human rights, sustainable economic opportunity and human development.
Mo Ibrahim, the Sudanese telecoms tycoon who founded the index, welcomed the fact that 13 of the 52 countries had improved in overall governance as well as political, social and economic governance over the past five years.
"Africa is rising but it’s rising slowly," he said.(Read Full Article)
Toshiba’s Westinghouse Electric Company on Monday launched an expedited review application in the South Gauteng High Court challenging Eskom’s decision to award a R4.3-billion contract to Areva, of France, for the replacement of steam generators at the Koeberg nuclear power station, in Cape Town.(Read Full Article)
The fight to eliminate fraud and corruption at the Department of Public Works is continuing in earnest, as more than 100 cases involving more than R1.1 billion have either been finalised or are being investigated.
Much confusion has followed an announcement on Monday afternoon by Russian state nuclear agency Rosatom of an “agreement on strategic partnership in nuclear energy” signed between the Russian and South African governments.
It seems though that the agreement is merely a framework agreement that may or may not lead to the procurement of the reactors from Rosatom. The agreement provides for the two countries to work together to develop a local nuclear industry.
South Africa's nuclear cooperation deal signed this week with Russia is part of a tender process that will involve other competing countries and is not a contract to build power plants, government officials said on Tuesday.
The Russian atomic agency Rosatom issued a statement on Monday saying that it had signed a $10-billion deal with Pretoria for the installation of 9.6 GW of nuclear capacity by 2030, to help Africa's most advanced economy cope with chronic electricity shortages.(Read Full Article)
FAW South Africa (FAW SA), a subsidiary of China’s FAW Group, has established a joint venture with the Pamodzi Group, focusing on truck sales in South Africa and other countries in sub-Equatorial Africa.(Read Full Article)
More than 80 per cent of chief executives in Africa say bribery and corruption is a threat to growth, according to PwC’s Africa Business Agenda 2014. It also found that almost a fifth of CEOs are tackling fraud by developing supply chain management plans.
say bribery and corruption is a threat to growth, according to a survey.
PwC’s Africa Business Agenda 2014 also found that almost a fifth of CEOs are tackling fraud by developing supply chain management plans.- See more at: http://www.supplymanagement.com/news/2014/corruption-a-threat-for-eight-in-10-african-bosses#sthash.jABD6bRC.dpuf
say bribery and corruption is a ...
Commission finds no evidence of anticompetitive conduct from exclusive supply agreements between Aspen Pharmacare, Mylan Inc and its affiliates(Read Full Article)
Agreement between Airbus, Denel Aerostructures and Aerosud Aviation an effort to increase South Africa’s competitiveness in the aerospace manufacturing industry(Read Full Article)