Lifestyle Biz: National Treasury blacklists 143 service providers

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[SOURCE, BUSINESS REPORT] The National Treasury says it has a total of 143 service providers that are currently in the database of restricted suppliers.
“We have to date 56 such companies that have been blacklisted or restricted and there have been a total of 87 directors that are on the restricted supplier list,” acting chief procurement officer Molefe Fani said.
Fani revealed this when he briefed the standing committee on public accounts (Scopa) on the blacklisting of companies that were implicated in malpractices or irregularities while doing business with the state.
He said 26 service providers were blacklisted for periods ranging between one and three years, 94 for a period of four to six years, and 23 are restricted from trading with the state for a period of seven to 10 years.
Fani, however, said there were no service providers in the defaulter database for companies when the court invoked sections of the Prevention and Combating of Corrupt Activities Act by ordering a person’s name be endorsed in the register for tender defaulters.
Finance Deputy Minister David Masondo said the blacklisting of companies and individuals was an important step in fighting corruption and to entrench a culture of good governance throughout the state and its entities.
10 Mar 2022 1AM English South Africa Business News · Investing

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