Tenderpreneur (also tenderpreneurship and tenderpreneurism)
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Date
2018
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
UCL Press
Abstract
‘Tenderpreneur’ is a South African colloquialism for a businessperson who uses political contacts to secure government procurement contracts (called ‘tenders’) often as part of reciprocal exchange of favours or benefits. The term is a portmanteau of ‘tender’ (to provide business services) and ‘entrepreneur’. Today, ‘tenderpreneurs’ are associated with corruption, nepotism and clientelism. This is because the award of many tenders is driven by informal interests and/or political affiliation, rather than the requirements of formal procedure. The informality of ‘tenderpreneurship’ thus resides in these extra-legal social and political relationships.
Description
Keywords
Procurement, Tender, Black empowerment, Nepotism, African National Congress
Citation
Piper, L., & Charman, A. (2018). Tenderpreneur (also tenderpreneurship and tenderpreneurism). The Global Encyclopaedia of Informality. eds: Ledeneva, A.