The target for the CA sector is to increase procurement from level 5 to level 1 contributors, as well as procurement from suppliers that are 50% and 30% owned by black women.
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Current situation / challenges
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Recommended activities
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Perception that service delivery by the black organisations is poor |
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Insufficient numbers of providers of the required services |
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The practice of 'fronting' in order to attract business |
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Too little is spent to actively and effectively promote growth and job creation |
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To create awareness by black organisations supplying the accountancy sector of the need for service excellence |
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To ensure that procurement from black companies becomes a matter of routine based on service excellence |
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To implement robust, independent verification and reporting mechanisms to avoid fronting |
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Medicines and Related Substances Act, 1965
