Current procurement regulations are fragmented, said Pravin Gordhan © AP/Schalk van Zuydam/PA Images
Current procurement regulations are fragmented, said Pravin Gordhan © AP/Schalk van Zuydam/PA Images

South Africa to rationalise procurement regime

23 February 2017

South Africa’s minister of finance Pravin Gordhan has pledged to introduce new legislation that will create a single procurement authority for the country.

During his budget speech Gordhan said a bill would “consolidate the currently fragmented regulatory environment, in keeping with section 217 of the constitution”, which says that public procurement process should be fair, equitable, transparent, competitive and cost-effective.

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