Contact

All systems go for the Public Procurement Bill, but is SA ready?

Back to top

All systems go for the Public Procurement Bill, but is SA ready?

Katekani Mashamba, senior associate in the Dispute Resolution practice joined Noluthando Mthonti-Mlambo and Zinathi Gquma on Business Day TV where she talked about It’s all systems go for the Public Procurement Bill, but is SA ready?

30 May 2024 07:59 Minutes TV interview

Katekani speaks on the primary objective of the Public Procurement Bill and adds that there is currently a lot of debate around the timing of the NHI Bill, but that the Public Procurement Bill has been long in the making and is a necessary enhancement of the public procurement process, particularly because its objectives seek to contribute immensely to economic growth.

 

Katekani emphasises that the Bill specifies that the Minister of Finance will be required to prescribe measures for the public, civil society and the media to access, scrutinise and monitor procurement processes, which indicates a commitment to transparency and public oversight of procurement activities.

The information and material published on this website is provided for general purposes only and does not constitute legal advice. We make every effort to ensure that the content is updated regularly and to offer the most current and accurate information. Please consult one of our lawyers on any specific legal problem or matter. We accept no responsibility for any loss or damage, whether direct or consequential, which may arise from reliance on the information contained in these pages. Please refer to our full terms and conditions. Copyright © 2024 Cliffe Dekker Hofmeyr. All rights reserved. For permission to reproduce an article or publication, please contact us cliffedekkerhofmeyr@cdhlegal.com.

You might also be interested in

12 Oct 2023

by Nicholas Carroll

Adjusting a definition

The circular reference error is a scourge that has plagued many tax practitioners’ spreadsheets since the amendment to section 20 of the Income Tax Act 58 of 1962 (ITA) at the end of 2021. This amended section 20 dictates that it can only be applied once all other sections of the ITA have been applied. However, a similar provision appears in the definition of “ adjusted taxable income ” in section 23M, the result being a conflict between the two sections and the question of which to apply first?

Tax & Exchange Control

2 min read

22 May 2024

by Tayyibah Suliman and Lutfiyya Ramiah

Proposed directive on crypto transactions

South Africa’s cryptocurrency landscape may be in for a shift as the Financial Intelligence Centre (FIC) released a proposed directive regarding crypto assettransfers 

Technology & Communications

2 min read

5 Feb 2024

by Hugo Pienaar and Asma Cachalia

Justice delayed could mean suspension without pay

In the case of Mark Strydom v ArcelorMittal South Africa J17647/2023, Mr Strydom approached the Labour Court on an urgent basis for an order that the decision taken by ArcelorMittal on 5 December 2023 to suspend him without pay, be declared unlawful and null and void, alternatively be set aside.

4 min read

24 Aug 2023

by Puleng Mothabeng

Remote working in jeopardy? Or is Caesar (SARS) securing what is due to Caesar?

It is no secret that the COVID-19 pandemic has radically changed our thinking towards how and where we work. Since 2020, many companies have adjusted and sometimes overhauled their working models to fit into the ‘new way of working’ and meet the global demand for remote and hybrid work arrangements in order to stay competitive and retain the best talent.

Tax & Exchange Control

5 min read

22 May 2024

by Shameegh Allen and Nozinhle Mbuyane

Back to the future: The provision of future/contingent financial assistance in terms of section 44 of the Companies Act

In Constantia Insurance Company Limited v Master of the High Court, Johannesburg and Others JOL 56548 (SCA), the Supreme Court of Appeal provided some much-needed clarity in confirming that the forms of financial assistance provided in terms of section 45 of the Companies Act 71 of 2008 (Act) constitutes an exhaustivelist.  

Corporate & Commercial Law

4 min read

30 Nov 2023

by Nicholas Carroll and Jerome Brink

Tax Vertical mergers are back

Section 44 of the Income Tax Act 58 of 1962 (Tax Act) is one of the lesser used of the so-called “ corporate rollover relief rules ”, but is nevertheless one of the more hotly contested. Broadly, it provides for rollover relief from tax where two companies amalgamate to form one company, the other being liquidated.

Tax & Exchange Control

6 min read

This website uses cookies to enhance the browsing experience. For more information, please see our Cookie Policy.

Accept Decline