WIKIPEDIA defines a tenderpreneur as a South African government official or politician who abuses their powers and influence to secure government tenders and contracts. 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 cleptocracy is defined at the condition arising when a political elite manipulate the three arms of government (legislature, executive and judiciary) with the intention of capturing resources that will enrich that elite,a general phenomenon known as elite capture.
Posted on: Fri, 20 Sep 2013 09:59:10 +0000
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