Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Industry ChartersChartered Accountancy CharterSection D : ChallengesAssignment of Activities for Meeting the Challenges16.3 Preferential Procurement |
Such procurement includes goods and services that comprise both cost of sales and operational expenditure and goods and services procured for the purpose of implementing B-BBEE initiatives. It also includes capital expenditure. The key measurement principles that must be applied in calculating both preferential procurement contributions and procurement spend for the CA sector are set out in paragraph 12.2.5.
The activities need to be undertaken by the CA sector |