Preferential Procurement Regulations , 2017 have been promulgated come into effect 1st April

Doing business in South Africa? The Preferential Procurement Regulations 2017 have been promulgated and come into effect 1st April. Whilst this is not breaking news, it perhaps went quietly under the radar.  In a media statement issued towards the end of January, it states that the revision of the Preferential Procurement Regulations of 2011 was largely influenced by the need to provide for a mechanism to empower certain categories (Small Medium and Micro Enterprises (SMME) also classified

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