November 10, 2022

Promulgation of new Preferential Procurement Regulations

On 4 November 2022, the Minister of Finance promulgated the Preferential Procurement Regulations, 2022 (2022 Regulations) in terms of the Preferential Procurement Policy Framework Act 5 of 2000 (PPPFA). On 8 November 2022 National Treasury published a media statement regarding the new regulations here. Importantly, the National Treasury media statement said the 2022 Regulations would …

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