Public procurement reforms underway

In a bid to improve spending on goods and services, government will roll out public procurement reforms over the next three years. Finance Minister Nhlanhla Nene announced this when he tabled the Medium Term Budget Policy Statement in Parliament, Cape Town.


Local procurement is a legal requirement

“The procurement of local content is not just a recommendation, it is a legal requirement for state entities,” says Trade and Industry Minister Rob Davies. All organs of state are obliged to procure goods that are on the designated list and conform with local content requirements.


Smart Procurement World 2014

  • Published in Videos

Bernie Van Niekerk, Editor of Smart Procurement Online; and Head of the Advisory Panel at Smart Procurement World 2014, gave CBN some insight into what the conference was all about.

Subscribe to this RSS feed


About us

Follow us

Follow us @BusinessNewsCT

BusinessNewsCT 6 trends you need to know about if you want to open a franchise in South Africa in 2019
BusinessNewsCT This is what your credit score should be and how to improve it
BusinessNewsCT What Joburg, Cape Town and Durban’s best areas for property growth have in common