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.
Current situation / challenges
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Recommended activities
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• | Perception that service delivery by the black organisations is poor |
• | Insufficient numbers of providers of the required services |
• | The practice of 'fronting' in order to attract business |
• | 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 |
• | To ensure that procurement from black companies becomes a matter of routine based on service excellence |
• | To implement robust, independent verification and reporting mechanisms to avoid fronting |
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