THE Gauteng provincial government had pioneered the open adjudication tendering process after it processed the R90 billion banking tender, Finance MEC Barbara Creecy said on Friday. Creecy said in line with the commitments made by the Premier David Makhura ...read more

Spend visibility is foundational to any procurement transformation because to better manage supply, you have to manage spend. Spend is what you pay and supply is what you get, and to manage spend you have to see it. Yet too many procurement organizations ...read more

JOHANNESBURG (miningweekly.com) – The time had come for the private sector to start making it clear that it wished to work with government to simplify mining policy and collaborate towards less regulation and greater implementation. “Step up and get involved ...read more

Everything changed in 2008. Today, you have to step up your efforts for managing risk, handling regulatory uncertainty and fending off commoditization. You have to be agile and efficient to be successful. And a great place to start is with your own indirect ...read more

Today’s article is a preview of a report that Ardent Partners recently published entitled, Next-Gen Spend: Accelerating Procurement Performance with Data-Driven Strategies. The report is sponsored by GEP and interested readers can download it here. There ...read more

London - Gold rose from two-week lows on Friday on caution ahead of crunch talks on Greece this weekend, although concerns over the longer-term outlook for the metal in an environment of rising interest rates capped gains. Greece failed again to clinch ...read more

Heinz Means Unhappy Agencies - Suppliers Rebel Over Procurement Process ...read more

TRANSNET has shifted spending significantly towards black-owned companies in the past five years, making it and Eskom the most aggressive drivers of black economic empowerment (BEE). This comes against a backdrop of government urging state-owned firms ...read more

A talent shortage is plaguing businesses across various industries – and the larger the company, the greater the problem. A recent survey from InformationWeek found that 88 percent of respondents at companies with more than 1,000 employees face ...read more

When rethinking business operations innovation is often hailed as a way to improve sustainability but changes need to be carefully thought through. ...read more

Pretoria - The Department of Energy (DoE) will commence with the nuclear procurement process in the second quarter of this financial year, Minister Tina Joemat-Pettersson said on Tuesday. ...read more

The Black Business Council has welcomed SAA’s pledge to make half of its procurement budget available to empowerment enterprises by the end of 2018. ||| Johannesburg - The Black Business Council has welcomed South African Airways’ pledge to make ...read more

Pretoria - An incubator establishment handbook has been launched to help improve the quality of applications for the establishment of business incubators in South Africa. ...read more

The Department of Trade and Industry (DTI) has announced a further set of product designations for local procurement by the public sector and has indicated that efforts will be stepped up during 2015 to improve compliance across all government departments ...read more

Information and communications technology (ICT) major Telkom on Thursday unveiled its new R100-million plus programme to incubate and develop starting up and existing entrepreneurs and small, medium-sized and microenterprises (SMMEs). The ‘FutureMakers ...read more

Pretoria - There is no confusion regarding the implementation of the Broad-Based Black Economic Empowerment Act, says the Department of Trade and Industry (dti). ...read more

The seasonally adjusted Kagiso Purchasing Managers’ Index (PMI) fell to 45.4 index points in April from 47.9 points in March, dragged down by a four-point decline in the business activity index to 40.6 – its lowest level since July 2011. Kagiso Asset ...read more

Pretoria - Deputy President Cyril Ramaphosa has called for Asian countries with capital and technical expertise to partner with Africa. ...read more

African Francophone start-up culture has been slower to take off than in Anglophone countries. The roots of the explanation for why this might be the case are a mixture of cultural and economic. Russell Southwood talks to those involved in the Francophone ...read more

John Glen, CIPS economist and senior lecturer in economics at Cranfield School of Management, says the labour market for procurement professionals is "incredibly tight". © Rafael Bastos Retaining procurement professionals is as important ...read more

The cabinet had approved the establishment of a special unit to assist national and provincial government departments to pay their bills on time, Minister in the Presidency Jeff Radebe announced on Friday. ||| THE CABINET had approved the establishment ...read more

Every organisation has responsibilities to the society in which it operates. Responsibilities to its clients and non-clients. These responsibilities including upholding the rule of law, observing the highest ethical standards and delighting the client ...read more

Enterprise development expert says introduction of the empowering supplier status measure in the amended BEE codes will create new levels of opportunity, writes Stephen Timm ...read more

A civil society group in Ghana has expressed concern about chiefs who bid for the award of contracts in their localities. The group said the practice had led to many breaches of Ghana's procurement principles, especially the principles of fairness ...read more

Being a trusted advisor means having an ironclad grasp of information. So it’s no surprise that procurement executives interviewed by The Hackett Group say they will invest heavily in learning everything about big data. Being seen as an agile performer ...read more