DA proposes replacing B-BBEE with new procurement bill focused on value and inclusion
submitted 11 months ago by Lthabo1999
submitted 11 months ago by Lthabo1999
- The Democratic Alliance (DA) has proposed a new economic policy that would eliminate the requirement for companies to have black ownership or subcontract to Black-owned businesses when doing business with the State.
- Their plan replaces the current Broad-Based Black Economic Empowerment (B-BBEE) scorecard with a simpler system focused on value for money and economic inclusion, while also excluding companies with a history of fraud and corruption.
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