The National Treasury is preparing sweeping legislative changes to the way procurement, which has become highly prone to corruption, is undertaken by public entities, including State-owned companies. It has indicated, however, that the new legal framework is likely to be passed by Parliament only at the end of 2022, implying that it is unlikely to come into force before 2023. Finance Minister Tito Mboweni published the draft Public Procurement Bill for public comment on February 19, ahead of South Africa’s Covid-19 lockdown, and the National Treasury subsequently received some 4 500 comments from 34 individuals and 134 organisations before the comment period expired on May 31.
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