An Overview of Preferential Procurement in South Africa: Government Initiatives and Private Sector Responses
Fostering the development and growth of small and medium-sized enterprises (SMEs) is a key issue in increasing employment opportunities and raising personal incomes. In addition, supporting the growth of SMEs owned by previously disadvantaged groups, black women and young people is important for achieving a more equitable economy. However, given the structure of the formal…
read more >>Employment Creation through Preferential Procurement and Enterprise Development
Initiated in 2008, the Human Sciences Research Council’s Employment through Procurement Project developed a knowledge base of procurement and enterprise development strategies to achieve socio-economic objectives, with an emphasis on employment creation. It focused on whether programmes contributed to: The creation of enterprises that supply previously imported goods and services – Increased competitiveness of existing…
read more >>Overview of the policy and institutional landscape for enterprise development and preferential procurement in South Africa
Pillay and Phillips review the South African policy and institutional landscape for preferential procurement and enterprise development. They focus on the use of these two BBBEE Code elements in broader socio-economic development. The various Acts, strategies, policies and industry sector charters all have a common goal: empowering previously disadvantaged individuals through meaningful participation in the…
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