South Africa: N$35m cap on tenders

03 May, 2017: All government tenders of more than N$35 million will be awarded by the Central Procurement Board, the latest procurement regulations show.The new public procurement regulations were filed at the justice ministry by finance minister CalleSchlettwein in February this year. According to the new rules, state-owned entities are divided into three categories, with each category having its own procurement and contract value ceiling.