Being black to be as important as price when gunning for a government tender

The National Treasury through draft regulations published last week is proposing that government tenders up to R10 million will in future be evaluated only 50% on price, while the preferential weighting for black economic empowerment (BEE) will also count 50%.

The Money Show’s Bruce Whitfield interviewed Dr. Anthea Jeffrey, Head of Policy Research at the Institute for Race Relations.

Scroll down to listen to the audio.

Government seems unconcerned about achieving economic growth.

Dr. Anthea Jeffrey, Head of Policy Research at the Institute for Race Relations

BEE procurement, even under existing rules, causes price inflation.

Dr. Anthea Jeffrey, Head of Policy Research at the Institute for Race Relations

Government always pays more for everything.

Dr. Anthea Jeffrey, Head of Policy Research at the Institute for Race Relations

Clearly a small group of beneficiaries are having their way at the cost of the many.

Dr. Anthea Jeffrey, Head of Policy Research at the Institute for Race Relations

BEE is becoming more narrow-based instead of becoming more broad-based.

Dr. Anthea Jeffrey, Head of Policy Research at the Institute for Race Relations

This is tying business up in regulatory knots.

Dr. Anthea Jeffrey, Head of Policy Research at the Institute for Race Relations

This article first appeared on 702 : Being black to be as important as price when gunning for a government tender


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