Statement on Eskom Procurement Policies
1 November 2022
Eskom notes the media reports on its procurement policy originating in a weekend newspaper. As a state-owned entity Eskom would like to reiterate that it embraces the Preferential Procurement Policy Framework Act (PPPFA) and all government policies aimed at transforming the South African economy to deal with the pervasive conditions of inequality and socioeconomic imbalances as espoused in Section 217 of the Constitution and the Public Finance Management Act (PFMA).
The Eskom Board fully comprehends these imperatives and is totally cognisant of the challenges many South Africans continue to face in terms of playing meaningful roles and livelihoods in the mainstream of the economy.
As and when Eskom engages global players and contractors, due cognisance is always taken to facilitate local beneficiation and the empowerment of South Africans, especially Black Women and the Youth, who continue to be the most marginalised members of our society.
“As the Eskom leadership collective we place a high premium on our role as a catalyst for transformation and empowerment. Eskom continues to be the largest supporter of black-owned suppliers who are positively contributing value to the production of electricity and we promote black industrialisation as a deliberate approach to supply chain management, localisation and industrialisation in our value chain,” said Mpho Makwana, Chairman of the Eskom Board.