Ramaphosa: Govt to set aside 40% of public procurement to women-owned businesses

JOHANNESBURG - President Cyril Ramaphosa on Sunday said government had resolved to set aside 40% of public procurement to women-owned businesses in a bid to achieve equality.

The president said to give effect to government’s upliftment of women, South Africa joined Generation Equality - a global campaign to achieve gender equality by 2030. “These Action Coalitions mobilise governments, civil society, and the private sector for collective action. They give us an opportunity to work with other world leaders to achieve real change in the lives of women across the globe,” he added.“The first action is to expand the access of women to economic opportunity. We will do this, among other things, by setting aside 40% of public procurement for women-owned businesses,” the president said.

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