ANC welcomes the signing of three transformative bills into law
26 July 2024
The African National Congress (ANC) welcomes the signing into law of three progressive bills by President Cyril Ramaphosa: The Public Procurement Bill, the National Small Business Amendment Bill, and the Pension Funds Amendment Bill. These legislative measures are fundamental in ensuring comprehensive transformation in the economic lives of South Africans, and their strategic value cannot be overstated.
The Public Procurement Act is a significant step towards enhancing transparency, accountability, and fairness in our public procurement processes while promoting economic transformation for the previously disadvantaged.
This bill is a direct implementation of a recommendation of Judicial State Capture Commission on reforms to prevent future occurrence of state capture. This landmark legislative advancement confirms our commitment to combat corruption and promote ethical governance, as outlined in our 2024 election manifesto and policy positions. Its wide-ranging scope ensures that all procurement practices adhere to the highest standards of integrity and fairness.
Consistent with our manifesto commitments, the Act stipulates that, certain individuals, including public office bearers, employees of Parliament and provincial legislatures, and officials or employees of public entities, constitutional institutions, municipalities, and municipal entities, are prohibited from submitting bids. This provision is a crucial measure to prevent conflicts of interest and uphold the integrity of the procurement process.