Government procurement has been fragmented, said finance minister Malusi Gigaba © PA Images
Government procurement has been fragmented, said finance minister Malusi Gigaba © PA Images

Procurement is 'lever' to transform SA economy

18 May 2017

South Africa’s finance minister Malusi Gigaba has pledged to use the state’s R500bn annual procurement budget “strategically” to transform the economy and provide more support for black-owned businesses.

Gigaba told a business dinner: “The strategic use of state procurement is an important lever to grow black business.”

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