Johnathan Paoli
President Cyril Ramaphosa has approved the Public Procurement bill, in an effort to create a single framework that regulates public procurement by all organs of State.
Vincent Magwenya, Ramaphosa’s spokesperson announced on Tuesday, that the President has signed the bill into law, complying with section 217 of the Constitution stipulating that the contracting of goods and services by the State must be in accordance with a fair, equitable, transparent, competitive and cost-effective system.
“As enacted by the President, the Public Procurement Act addresses weaknesses in the procurement of goods and services by organs of state that have in the past enabled various degrees of corruption, including state capture,” Magwenya said.
He said in light of the current situation in which legislation regulating procurement is fragmented and constrains justified advancement of the provision of goods and services; the legislation seeks to consolidate procurement security, effectiveness and regulation under one
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