Co-founder of OpenTenders Madoda Khuzwayo estimates that there are as much as R1.3-trillion worth of tenders per being procured by government entities every year. However staggering and wonderful that figure may sound, a honey pot of this magnitude tends not to go untainted. Things like fraud and negligence are common issues when it comes to government or big corporates putting out contracts in South Africa.
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“If you have half a trillion of work that government is procuring, you need to make sure that work is transparent and open to everyone. We’re advocating for that transparency,” Khuzwayo argues. The first way of doing this is that once a tender is fulfilled via OpenTenders, the name of the contractor gets displayed online.
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