The New EU Public Procurement Directives A Boost For SMEs

The purpose of the EU Procurement Directives is to provide transparency, fair and competitive procurement process across its Member States. However, these rules are not favourable to all, least of all, the SMEs due to the restrictions and bottleneck they have created in participating for public contracts. The new EU Procurement Directives will support public…

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5 Easy Ways To Become An Entrepreneur

5 Easy Ways To Become An Entrepreneur

My interpretation of an entrepreneur is someone who is hard-working, resourceful, and not afraid to take risks; a person that is full of energy, not afraid of failure and who is ready to reap the rewards whatever the outcome. What are the easy ways to become an entrepreneur? What does starting your own business or…

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Causes Of Fraud In Public Sector Procurement

With the economy in global recession and fewer and fewer organisations are getting public sector contracts, will this pave way for corruption? Well, businesses may be desperate for a government contract, but I don’t think the lack of business could result to fraudulent activities because the procurement process is being thoroughly carried out by the…

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What is Procurement

What do we mean by Procurement and Procurement process? Procurement, purchasing or buying, which are all the same in meaning, has been in existence for many, many generations. We all carry out this simple and sometimes complex act everyday whether at a domestic or commercial level. Procurement process is the step by step stages involved in…

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