Black Business Lobby Group ready to fight national treasury's new draft procurement rules.
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The Black Business Federation (BBF) will be heading to court to challenge to the National Treasury's newly released draft Preferential Public Procurement Framework guidelines, saying that the draft guidelines leave black South Africans and their businesses at a disadvantage when bidding for government tenders.
National Treasury released updated tender regulations in terms of the Preferential Public Procurement Framework Act (PPPFA) two weeks ago, ending the uncertainty after government put tenders on hold in mid-February.
The Constitutional Court had dismissed an appeal by Finance Minister Enoch Godongwana to overturn an earlier court judgment that set aside regulations signed off in 2017, after Afribusiness NPC brought a legal challenge, arguing that the 2017 regulations were unfair to white South Africans and their businesses.
National Treasury's draft regulations – released pending clarity from the Constitutional Court on its ruling – bring procurement back in line with the system that existed before 2017, which proposes an 80/20 BEE preference point system for the acquisition of goods with a value of up to R50 million and a 90/10 BEE preference points system for goods valued higher than R50 million.
BBF president Malusi Zondi told Fin24 that the business lobby group was consulting with its legal advisors on a challenge to the Constitutional Court's dismissal of the finance minister's appeal.
National Treasury released updated tender regulations in terms of the Preferential Public Procurement Framework Act (PPPFA) two weeks ago, ending the uncertainty after government put tenders on hold in mid-February.
The Constitutional Court had dismissed an appeal by Finance Minister Enoch Godongwana to overturn an earlier court judgment that set aside regulations signed off in 2017, after Afribusiness NPC brought a legal challenge, arguing that the 2017 regulations were unfair to white South Africans and their businesses.
National Treasury's draft regulations – released pending clarity from the Constitutional Court on its ruling – bring procurement back in line with the system that existed before 2017, which proposes an 80/20 BEE preference point system for the acquisition of goods with a value of up to R50 million and a 90/10 BEE preference points system for goods valued higher than R50 million.
BBF president Malusi Zondi told Fin24 that the business lobby group was consulting with its legal advisors on a challenge to the Constitutional Court's dismissal of the finance minister's appeal.
