Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.
South Africa : GOVT. launches central supplier database
Publish Date : 15-Sep-2015
As part of plans to enhance supply chain management (SCM) in the public sector, the government of South Africa has launched a Central Supplier Database(CSD).
According to the government, the database was the first step towards standardising, automating and simplifying the fragmented SCM system, and was seen as the forerunnerto e-procurement in government.
Announcing the database's launch, finance minister Nhlanhla Nene said it would enable a new approach to getting involved with major vendors and smaller and medium enterprises, and would aid scouting for new suppliers, and ensure enhanced productivity and value for money.
There is presently no single complete supplier database, so information regarding government compliance requirements are duplicated during procurement processes.
Potential vendors can now register on the database, which will have interfaces to the South African Revenue Service, to enable tax clearance certificate verification, and the Companies and Intellectual Property Commission, for verification of business registration and business ownership information.
The database will also verify vendor information with the register for tender defaulters and database of restricted vendors, as well as verify South African identification numbers with the Department of Home Affairs.
Nene said benefits of the new database included reduced effort and cost for businesses and government, a reduction in red tape, less fraud and reduced costs for compliance audits.
He added, "The CSD, as part of the modernisation of the supply chain management in government, will contribute to the National Treasurys objectives of establishing a public procurement system that is fair, equitable, transparent, competitive and cost-effective."
