Tag: Preferential Procurement Policy Framework Act

The Broad-Based Black Economic Empowerment (B-BBEE) Commission’s latest report on empowerment trends shows a decrease in overall black ownership, as well as in black women ownership. The B-BBEE Commission has released its annual trends report for the 2021 calendar year.

Both private and public sector corruption, whether moral or criminal, is a result of perverted incentives. These incentives are in turn a result of a political philosophy that regards it as at best appropriate, and at worst imperative, that policy (and political) considerations play a central role in commercial and economic decision-making. South Africa would do better to shift its focus to enterprise and away from politics.