Invoicing & Payment,
Spend Analysis & Benchmarking,
Supplier Relationship Management,
B2B Social Media: Online Supply Communities, Open Innovation, SM B2B Marketing, SM Customer Driven Support
Industry Groups: Construction, Defence & Aerospace, Education, Financial Services, Healthcare, Manufacturing & Automotive, Public Sector, Resources, Retail & CPG/FMCG, Utilities
Categories / Commodities: Business Travel, Capital Equipment, Construction & Building, Electronic & High Tech, Fuels & Lubricants, Managed Print Services, Marketing & Advertising, Metals & Minerals, Office Suppliers, Services Procurement, Supply Chain Management, Transport & Logistics
Procurement People: Careers, Leadership, People on the move, Talent Management
Articles in category: Procurement Ethics
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)
The Department of Trade and Industry (DTI) aims to improve the enforcement of localisation by having the Auditor General flag as “irregular expenditure” any flouting of buy-local procurement rules by government departments and State-owned companies.
Preferential Procurement Policy Framework Act regulations came into force on December 7, 2011, empowering the DTI to ‘designate’ the products that should be sourced locally.(Read Full Article)
The winners of the CIPS Supply Management Awards 2014 were announced on 11 September. The even took place at the Grosvenor House Hotel, Park Lane, London.
Take a look at the category winners and runners up.
Minister in the Presidency Jeff Radebe said on Monday that government had made “great” progress in countering corruption within State institutions, noting that President Jacob Zuma had, since 2009, signed 36 proclamations authorising the Special Investigating Unit (SIU) to probe departments and entities in the three spheres of government as well as State-owned enterprises.(Read Full Article)
The shortfall on South Africa's current account widened more than expected to 6.2% of GDP in the second quarter of the year from a shortfall of 4.5% previously, hit by prolonged strikes and lower global demand, the central bank said on Tuesday. Economists had expected a 5.45% gap.
In its latest quarterly bulletin, the South African Reserve Bank (SARB) said declining commodity prices also severely dented the country's export performance in the quarter.(Read Full Article)
The Gauteng Department of Health has suspended its Chief Financial Officer (CFO), Ndoda Biyela, pending an internal investigation, the department said on Monday.
According to the department’s communications head, Prince Hamnca, Biyela was suspended following allegations of irregularities relating to procurement processes in the department. “An investigation is underway to test the veracity of the allegations,” Hamnca said.
He said Biyela has been suspended with full pay, pending the outcome of this process.
Public Service and Administration Minister Collins Chabane says the public sector must challenge itself to be creative and embrace innovation as a new way of doing government business more smartly.
Speaking at the Centre for Public Service Conference at the Westin Hotel in Cape Town, the Minister said this was because the public service needed to move to a space where crucial government deliverables such as education, health, provision of water and sanitation, among others, are done more effectively, efficiently and quicker.(Read Full Article)
SAP has announced a seven-year plan to up-skill local African talent and drive sustainable innovation and growth in Africa.
With more than 1,300 customers across the continent, SAP is already enabling African businesses and governments of all sizes to grow, scale and globalise, as well as make the transition to a networked, technology-driven innovative economy.
As part of this commitment, SAP Africa is now taking responsibility for SAP operations across 51 African countries, including Morocco, Algeria and Tunisia and Mauritania.(Read Full Article)
Becoming a trusted advisor to the business, driving supplier innovation, and focusing on risk management are some of the ways that the top procurement organisations outperform their peers.
Research from the Hackett Group found that “world-class” procurement departments operate at almost 20 per cent lower cost as a percentage of spend than the average company. “They also have 27 per cent fewer employees,” the report said. “But world-class procurement organisations may have reached the limit of their ability to reduce costs.”(Read Full Article)
The IFMIS Department, National Treasury of Kenya has launched electronic procurement (e-Procurement) with the aim of promoting openness and accountability in the use of public money, thereby easing the cost of doing business. E-Procurement is an automated business process which includes procurement ...(Read Full Article)
NO FINANCIAL sector regulatory regime could prevent failure of all financial institutions, Finance Minister Nhlanhla Nene said at the Southern African Internal Audit Conference with reference to the decision by Reserve Bank governor Gill Marcus to place African Bank under curatorship.(Read Full Article)
Procurement can be a force for good in the world. That was the central message of the CIPS Pan African Conference, held in Lusaka, Zambia last week. The continent faces huge challenges around development and poverty, but procurement offers a way out. By choosing to buy from local suppliers, governments and businesses have the power to generate jobs and incomes.(Read Full Article)
A former CEO has been sentenced to 16 months in prison for accepting payments of £2.9 million to allow corruption in contracts for the supply of goods and services to the company.
Bruce Hall, who was the CEO of Aluminium Bahrain (Alba) between 2002 and 2005, took payments in exchange for allowing the corrupt arrangements that had begun before he was appointed as CEO to continue.
Hall pleaded guilty to the charge of conspiracy to corrupt, and in addition to the prison sentence he will have to pay back more than £3.07 million or serve an additional 10 ...(Read Full Article)
Zambia’s minister of commerce, trade and industry Robert Sichinga has called on procurement professionals to work together to “fight the scourge of corruption and fraud”.(Read Full Article)
Procurement professionals must achieve the correct balance between commercial goals and socio-economic objectives, the CIPS Pan African Conference was told. Edward Thomas, executive manager of integrated supply chain management at Transnet, said the company used minimum thresholds for local content in products and “punitive measures” for suppliers who did not adhere to them.(Read Full Article)
Ten days ago, former Boeing procurement officer, Deon Anderson, 47 of St. Louis, MO, pled guilty to three counts of federal procurement fraud, including taking bribes in exchange for competitive information and setting a pricing scheme for that information. Between November 2009 and February 2013, Anderson conspired with William Boozer, 59, owner of Globe Dynamics International, which produces machine parts and complex components for aircraft, to sell confidential information about competitors’ bids on purchasing contracts from Boeing. The two used a coding system via phone calls and emails to set prices for competitive information. Boozer used that information to win ...(Read Full Article)
The Department of Cooperative Governance and Traditional Affairs (CoGTA) is considering introducing legislation to incentivise positive behaviour among municipalities, Cooperative Governance and Traditional Affairs Minister Pravin Gordhan said on Thursday.
Such positive behaviour would include ensuring a minimum maintenance allocation of 7%, undertaking reviews of implementation capabilities and implementing ten-year infrastructure plans on a regional basis, he pointed out during his 2014/15 Budget Vote to Parliament.(Read Full Article)
One of the key reasons to implement tight controls within purchase to pay is to ensure that people can’t steal. But when I talk to businesses about the need to mitigate against the risk of fraud in finance departments – about how it’s possible for staff to collude with suppliers or to falsify information for personal gain – I hear this response again and again: “But who would do that?”
What they’re actually saying is: “We’re all trustworthy here. I don’t know anyone that would do such a thing.” But regrettably, the truth is a little different.(Read Full Article)
Addressing members of various cooperatives, in Polokwane, on Thursday, Limpopo MEC for Economic Development, Environment and Tourism Seaparo Sekoati said the provincial government was committed to supporting cooperatives, as it believed these associations had a critical role to play in improving the lives of historically disadvantaged communities.(Read Full Article)
The head of the Financial Services Board (FSB), Advocate Dube Tshidi, says they will not tolerate any form of corruption.
"The FSB, as an organisation, [has] zero tolerance for corruption. We don't condone any corruption at all.
"... The FSB ... has two distinct functions... one being the mandate given by Parliament, which is the regulatory mandate. The other is the administration leg, such as HR," Tshidi said at a media briefing on Thursday.
His comments follow the resignation of the Chief Financial Officer (CFO) of the FSB, Dawood Seedat, last month. Seedat resigned after corruption allegations were levelled against him ...(Read Full Article)
IF THE private sector is to invest more, the public sector must start delivering on its own investment programme.
As President Jacob Zuma reminded us in his recent state of the nation address, the public sector has spent more than R1-trillion on new infrastructure over the past five years, and it has committed to spend a further R847bn over the next three years.
In theory, that should be lifting constraints on growth and encouraging private businesses to start investing to expand their own enterprises.(Read Full Article)
It’s an uncomfortable truth that when we buy some types of jewellery, a smart phone or a replacement part for a computer, we might inadvertently be supporting armed conflicts and child labour thousands of miles away from our homes. In response, the use of ‘conflict minerals’ – elements sourced in areas that fund terrorism, war or unethical labour practices – is being tackled seriously by governments and businesses around the world.(Read Full Article)
South Africa's logistics group Transnet said on Monday it has raised the money it needed for plans to expand railways, ports and pipelines in Africa's most advanced economy.(Read Full Article)