DA Calls for Comment on the Proposed Social Impact Bill
21 April 2022
The DA has published a ‘Notice of Intention to Introduce and Invitation for Comment’ on our Preferential Procurement Policy Framework Amendment Act also known as the ‘Social Impact Bill’ in the Government Gazette.
This Bill aims to remove the BBBEE consideration from the Preferential Procurement Policy Framework Act (PPPFA), and instead give priority to a tenderer’s competency, and under certain circumstances give preference to companies who have make a positive social impact through their contributions to a variety of Sustainable Development Goals (SDG’s).
South African’s have grown tired of the rich and politically connected abusing the PPPFA to enrich themselves. This has made a mockery of what the Act sought to initially do – address the root causes of inequality of opportunity across South African society.
This SDG model will have several benefits over the current BBBEE model: