Government, parliamentary and legislative information on the Presidency).
The Preferential Procurement Policy Framework Act (PPPFA) is to be repealed.
President Zuma announced this during an address at the Black Business Council Awards Gala Dinner in Johannesburg.
The recently announced Presidential State-Owned Companies (SOC) Coordinating Council flows from the Inter-Ministerial Committee (IMC) set up by president Zuma to implement recommendations on state-owned enterprises.
The Presidential Review Committee (PRC) on State-Owned Enterprises, established in 2010, drew up the recommendations.
Political office bearers who exit the Political Office-Bearers Pension Fund before the 2019 election or at any stage after 1 March 2016 leading up to the date of the 2019 elections will be entitled to a gratuity.
This was confirmed in a proclamation published in Government Gazette 40182 in terms of the Remuneration of Public Office Bearers Act.