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Optimised procurement processes have the potential to refine supply chain management and resolve ongoing corruption challenges.
As South Africans continue to suffer from numerous government failures, there is a small ray of hope emerging. The private sector is stepping up to do the job where they are allowed to do so. This is exemplified in three stories that came out in the first two weeks of June.
The private sector in South Africa is seen as an evil that must be heavily restricted if not expressly prohibited. For a country wherein government service delivery is poor to say the least, one would expect that private enterprise, which keeps us safe through the various security firms and healthy through the various hospitals, would be celebrated.
Instilling trust in taxpayers is vital to increasing tax collection. The South African Revenue Service (SARS) has announced that the 2022 tax season will open in July; a condensed filing season compared to 2021, which was extended due to the long-tail impact of the pandemic.
In March this year, in a much-publicised interview (Neal Froneman gets frank about the lows, and highs, of doing business in South Africa), Sibanye-Stillwater CEO Neal Froneman heavily criticised the state of South Africa’s economy and government, citing a lack of leadership.
South Africa is facing a number of critical challenges. Two of the most worrying are a faltering economy and a crisis in leadership which is leaving many of our future business leaders either waiting on the side lines or, even more tragically, leaving the country.
Based on exclusive interviews with De Ruyter, Oberholzer and other key figures, Sabotage: Eskom under Siege is a story of conspiracy and subterfuge at South Africa’s ailing power utility, uncovering the power struggles that threaten the country’s very survival.
While much has been written about the need for structural reform in the economy, and the need for the government to have more investment friendly policies, it is also useful to look at where the government can cut costs to prevent South Africa falling off a fiscal cliff in the medium term.
After three years of public hearings and with a price tag of over a billion Rand, Justice R.M.M. Zondo, the Acting Chief Justice of the Republic of South Africa, handed the third part of a three-part report on state capture and corruption during the presidency of Jacob Zuma, to President Cyril Ramaphosa.
President Ramaphosa delivered the Nation Address on Thursday evening from the Cape Town City Hall, as the country struggles with an ailing economy, civil unrest, corona virus, state capture and a promise-weary public.