On 28 March 2023, the Minister of Finance (“the Minister”) caused to be published in the Government Gazette the much-awaited Public Procurement Regulations (“the Regulations”). The Regulations apply to all public procurement activities except for those determined by the Minister to require a different procurement procedure. The Regulations clarify the practical application of procurement processes and procedures as read with the Public Procurement Act. They also provide for, amongst other things, procurement entity structuring, reservations and preference schemes.
