DA rejects proposed Public Procurement Bill
26 November 2023
The Democratic Alliance (DA) rejects the proposed Public Procurement Bill, another disastrous piece of race-based legislation introduced by a failing ANC government. The Bill, ostensibly aimed at establishing a more comprehensive framework for preferential procurement, fails to address the core issue of systemic corruption plaguing South Africa's procurement system, entrenches racial divisions and exacerbates inefficient public expenditure. Instead of creating an enabling environment for economic growth, it is poised to deepen economic stagnation and the cost of living crisis by imposing new, restrictive requirements.
Treasury’s new requirements propose five approaches for providing preference:
setting aside contracts for business owned by preferred groups.
limiting bidders to companies that meet specific criteria, such as BEE ratings/ownership.