• 10 tips to find bargains

    Susan Erasmus gives advice on how bargain hunters can get the most bang for their buck.

  • Inside Labour

    Labour's bitter breaches need to be seen in historical context, says Terry Bell.

  • Rich getting richer

    Economists differ on how to tackle the chasm between rich and poor, says Leopold Scholtz.

Loading...
See More

Tender watchdog to crack whip

Feb 26 2012 11:26 City Press

Related Articles

Rhino tender to benefit community

Davies: No confusion over B-BBEE bill

Health department accused of fraud

State leases, tenders to be policed

Waste tender elicits strong reaction

Top cops probed for tender fraud

 

Johannesburg - He will be the hero of the man in the street and feared by every ­tenderpreneur. We don’t know who he is yet, but when the chief procurement officer (CPO) comes to town, everyone will take note.

The CPO is probably the most interesting job Minister of ­Finance Pravin Gordhan has created since he took office.

Whoever gets this position will have the power to cancel tenders if he or she sees fit, and intervene before the cash is paid out to a crooked businessperson or ­government official.

The official will be tasked with investigating possible kickbacks or tenders-for-friends schemes.

According to the Treasury’s ­directorgeneral, Lungisa Fuzile, the appointee will deal with weaknesses in the procurement system.

The most important weakness, it appears, lies in the supply chain management process.

“The problems relate to misdemeanours such as favouritism and ­rigging of tenders. We have concluded there is no monitoring of the extent to which people comply with supply chain management rules.”

The CPO, unlike the auditor general, will be inside government, so he will be quicker off the mark to spot problems in the process and do something about it before any money gets paid out.

Said Fuzile: “The CPO will do an audit before the financial year has ended.

“He will know who won the ­tender and what relationships exist between those who won the tender and the employees of the department who awarded the tender.”

The CPO will also try to spot trends to ensure that the same mistakes are not made twice.

But will the new office have any teeth?

“The office will ensure that ­disciplinary procedures take their course,” is all Fuzile would say for now.

- City Press

 
pravin gordhan  |  corruption  |  tenders  |  budget 2012

NEXT ON FIN24X

SA's safety net

2012-02-24 07:45

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
6 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 
 

Top 10 richest musicians of all time

Check out the gallery to find out who they are!

 
 

Luxury living

Seven of the most expensive children's toys ever made
5 millionaires turned murderers
The youngest billionaires in the world and how they made it
Watch: Flying first class has never been this luxurious!

SABudget on Twitter

Twitter icon

Join the Fin24.com conversation by using SABudget every time you tweet.

Loading..

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

How do you see your boss? He/sheis:

Previous results · Suggest a vote

Loading...