IN-DEPTH | Do the preferential procurement regulations help achieve transformation? We ask the experts

Finance Minister Enoch Godongwana on Tuesday briefed journalists on the preferential procurement regulations, which govern the rules for procurement by all state entities and state-owned companies. 

The briefing followed several incorrect reports that the government had scrapped Black Economic Empowerment (BEE) criteria in public procurement.

The Preferential Procurement Policy Framework Act, and the regulations that now apply under the act, state unequivocally that black-empowered firms that sell goods and services to the government must get extra points when tenders are scored.