South Africa: Revised Preferential Procurement Regulations, 2017

27 April, 2017: The revised Preferential Procurement Regulations 2017 ("PPPFA Regulations 2017") issued in terms of the Preferential Procurement Policy Framework Act, 2000, came into effect on 1 April 2017. The PPPFA Regulations 2017 have repealed the 2011 PPPFA Regulations ("2011 Regulations") in their entirety, and have introduced a number of key changes aimed at using procurement to promote local industrial development, socio-economic transformation and the empowerment of small business enterprises, cooperatives, and rural and township enterprises.