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Articles in category: Procurement Ethics
Pretoria - South African and Indian companies should take advantage of the growth and economic development in each other’s countries, says Trade and Industry Deputy Minister Mzwandile Masina.
“There are great opportunities offered by both countries to be explored in manufacturing, agriculture and infrastructure development. Telengana, as a new state, has a massive infrastructure plan that our companies could take part in and collaborate with the local Indian companies,” said the Deputy Minister.
TOTAL government spending has been reduced by R25bn, or one percent of the projected budgets in the 2015-16 and 2016-17 financial years.
In addition, government has placed R45bn in an unallocated reserve for 2017-18 to serve as a buffer against fiscal or economic shocks.
The 2015 Budget Review says the bulk of the budget reductions have been on goods and services, which at R200bn in 2016-17 is more than 5% lower than projected in the 2014 budget.(Read Full Article)
In a blog published by the Bertelsmann Transformation Index, China expert Christian Goebel speaks about Xi Jinping’s anti-corruption campaign and how it is helping transform China from collectivist one-party rule to a one-person authoritarian system. In Transparency International’s latest Corruption Perceptions Index (CPI), China is among the countries with the largest decline in points, despite a […](Read Full Article)
STATE-owned power company Eskom added "strategic considerations" in the last stage of the negotiation process for its R4.3bn nuclear power tender, which were not in the original bid criteria, US-Japanese nuclear company Westinghouse told the Johannesburg High Court on Tuesday.
They included the bidder having to be the original equipment manufacturer of the steam generators to be replaced, lawyers representing the company in its fight to have the tender reviewed argued.
According to Westinghouse, Eskom included additional requirements for bidders "at the last minute", which tipped the result of the tender in the favour of Areva.(Read Full Article)
Johannesburg - The new face of South Africa’s government tender process goes live on April 1 and is an overhaul of the much-abused and derided system, a report in the City Press explains.
Some tenders likely to be centralised with chief procurement officer Kenneth Brown’s team include those for textbooks, building leases, air travel and hotel bookings, consultants, private security, banking and cellular telephony.(Read Full Article)
Four South African banking heavyweights, Standard Bank, First National Bank (FNB), Absa and Nedbank, are contesting for the tender to manage banking transactions of the Gauteng government, with a 2015 budget estimated at more than R90-billion, Gauteng Provincial Treasury (GPT) revealed on Friday.(Read Full Article)
Noting that the South African public sector spent an “enormous” R500-billion on goods and services and construction works in the 2013/14 fiscal period, National Treasury has called for various reforms of government’s strategic sourcing, procurement and supply chain management (SCM) practises.(Read Full Article)
South Africa's private sector shrank slightly in January, a survey showed on Wednesday, ending a four-month period of continuous growth. The HSBC Purchasing Managers' Index (PMI) fell to 49.8 as companies reported declines in output and new orders, while new export orders were also down.(Read Full Article)
South African shares were led higher by the mining sector on Friday and the market looked set to make further gains in coming sessions after the government slashed fuel prices.(Read Full Article)
Gauteng will spend more than R94-billion on both social and economic infrastructure projects over the next three years, Finance MEC Barbara Creecy said on Wednesday.(Read Full Article)
CPOs around the world may have some sleepless nights in 2015 as they defend themselves and their companies against powerful disruptive forces.
In the true spirit of social media, I’ll highlight just five of these disruptive forces and have created the convenient “METOO” acronym to cover – Markets, Ethics, Transparency, Optionality and Organisational alignment.
2015 is the time to make sure you have your bases covered in these areas:
We rightly celebrate examples of high ethical standards in procurement and supply chain and rightly criticize apparent lack of such standards as well. There is plenty to celebrate today, but unfortunately also plenty to criticize.
Successful athletes and successful business people have much in common, including drive, determination, perseverance, creativity, versatility, and adaptability to changing circumstances. Often, successful athletes become successful business people.
The Gauteng Provincial Treasury and the Department of Roads and Transport on Wednesday revealed the names of the 12 bidders for the Cedar road upgrade tender, which formed part of the province’s open tender pilot project.(Read Full Article)
ALARMING allegations of fraud, empowerment fronting and nepotism in Anglo American's 77%-owned platinum arm, Amplats, have emerged, sparking a full-blown forensic probe.
Questions raised by Business Times after examining documents between a top Amplats official and a pump company called TurboTech Pumps have shocked the mining giant into action.
Amplats suspended contracts manager Johannes Engelbrecht on Friday pending the outcome of its investigation.(Read Full Article)
The Ugandan government has launched a five-year strategy to introduce e-government procurement. Running until 2019, the strategy will see the government adopt an e-government procurement system designed to empower public bodies to better manage public procurement.(Read Full Article)
FAR from being a setback for the county, Malaysian oil giant Petronas’s decision to pull the plug on the proposed sale of its controlling stake in Engen to PetroSA is a welcome development.
As a state-owned enterprise, PetroSA should never have sought to enter the fuel retail business in the first place. And it should not be seeking to expand its operations in the oil refinery and conventional upstream exploration and production sectors either.(Read Full Article)
President Jacob Zuma devoted much of his January 8th statement on Saturday to talking about corruption, saying there was a misperception that the ANC was largely responsible for it.
"It cannot be, it is another misrepresentation of fact," he said at the party's 103rd anniversary rally at Cape Town stadium.
Zuma said the ANC government had been unique in its attempts to root out corruption in the public service.(Read Full Article)
Energy will remain an apex priority for the ANC, President Jacob Zuma said on Saturday.
Zuma made reference to the power shortfall facing the country in the ANC National Executive Committee's annual January 8 statement at the party's 103rd anniversary celebrations at the Cape Town Stadium.
"Our country needs creative and pragmatic solutions to this problem to guarantee security of supply for our energy needs," he said.(Read Full Article)
A printing company and two of its former employees have been found guilty of making corrupt payments totalling nearly half a million pounds to public officials to influence the award of business contracts.(Read Full Article)
Pretoria - The national Department of Health has announced various pharmaceutical companies that won the three year tender to supply antiretroviral (ARVs) to millions of patients on treatment in South Africa.
Construction firms Power Construction West Cape and Haw & Inglis were allegedly involved in collusion and bid-rigging on a tender issued by the SA National Roads Agency (Sanral) for periodic maintenance of the N1 from Touws River to Laingsburg.(Read Full Article)
This protest-filled year will be remembered as a mixed one for local government, write Karen Heese and Kevin Allan(Read Full Article)