Tenderpreneur

In South Africa, a tenderpreneur is a person in government or the private sector who obtains private or government tenders and contracts to facilitate outsourced services. The word tenderpreneur is a portmanteau of "tendering" and "entrepreneur". Some commentators believe that this practice might give rise to a kleptocracy as a deviant mutation of a democracy if left unchecked. In this regard a kleptocracy is defined as the condition arising when a political elite manipulates the three arms of government (legislative, executive and judicial) with the intention of capturing resources that will enrich that elite,[1] a general phenomenon known as elite capture.

The Star, a South African newspaper, describes a tenderpreneur as "someone politically well-connected who has got rich through the government tendering system".[2] In January 2010, South African Communist Party leader Blade Nzimande called for transparency in the awarding of tenders, saying "let's be bold, let's go and promote small entrepreneurs and defeat tenderpreneurs, those who steal."[3]

See also

References
  1. Turton, A.R Hands with Billy Durban: Just Done Publications. 2010.
  2. "How Malema made his millions". The Star. 21 February 2010.
  3. Mahlangu, Dominic. Blade: Make all tenders public. Times LIVE. 6 January 2010.

Redefining the tenderpreneur


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.