Preferential Public Procurement Framework Act News Today

Cape Town aims to buy electricity from as many City supplied customers as are willing to sell to them.

Cape Town businesses capable of feeding electricity into the local grid will be paid cash for their excess power before the end of June and homeowners within the year.

Transnet's board of directors approved a supply chain management policy that will allow it to procure in line with the original Preferential Public Procurement Framework Act.



Minister of Trade, Industry and Competition Ebrahim Patel said opponents of broad-based black economic empowerment were engaged in "dangerous strategies" that undermined the economy.

This comes amid uncertainty about the status of BEE requirements in government tenders.

The Black Business Federation said it was consulting its legal advisors on a challenge to National Treasury's latest Preferential Public Procurement Framework guidelines.

Transnet and Eskom said, while well-intended, procurement guidelines delay critical functions in their work and introduce price volatility in maintenance as well as inventory.