South African President Cyril Ramaphosa signs the Public Procurement Act to regulate public procurement and prevent abuse.

South African President Cyril Ramaphosa signs the Public Procurement Act, aimed at regulating public procurement and creating a framework for preferential procurement by all organs of state. The Act will help ensure public funds are used for their intended purposes and prevent abuse of public procurement. It is part of efforts to build an inclusive economy and address issues identified in the State Capture Commission report.

July 28, 2024
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