At least 40% of goods must be sourced from women-owned businesses – Ramaphosa | Citypress

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President Cyril Ramaphosa: “We have set the target of ensuring that at least 40% of goods and services procured by public entities are sourced from women-owned businesses”

: Practices and Remuneration Trends report, released on Tuesday, which showed that women were still the lowest paid in the workplacealso showed that progress towards closing the gender pay gap had stalled.

We have set the target of ensuring that at least 40% of goods and services procured by public entities are sourced from women-owned businessesAdditionally, labour market income is overwhelmingly the largest contributor to income inequality when compared to other income sources, according to the StatsSA report.

He said South Africa had joined a ground-breaking campaign that linked us to global efforts to achieve gender equality by 2030, and government would drive women’s economic inclusion through public procurement.“We have set the target of ensuring that at least 40% of goods and services procured by public entities are sourced from women-owned businesses.”

 

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