Updates to PPE Regulations and What This Means to Us
The National Treasury has made major Amendments to the Treasury Regulations, shaking up the way Public-Private Partnerships (PPPs) are managed in South Africa. The amendments take effect on 1 June 2025.
Why should accountants care? These changes make it easier for private-sector businesses to work with the state—and that means new opportunities and new responsibilities for financial professionals.
Key Updates and How They Affect Your Business
Here’s what’s changing and why you need to pay attention:
Faster approvals, less red tape with smaller projects no longer needing all Treasury approvals, meaning deals move quicker. Accountants working with government projects must stay on top of new thresholds and compliance requirements.
The PPP Advisory Unit is stepping into a stronger role to guide institutions through financial structuring and procurement. Expect greater demand for accountants with expertise in PPP financial modeling and reporting.
Government departments can now set up their own dedicated PPP units, which means more project financing work for accountants supporting infrastructure, healthcare, and energy deals.
Stricter risk & financial oversight with tightening Fiscal Commitments and Contingent Liabilities (FCCL) reporting. This will affect how accountants assess financial risks in government contracts.
Rules for PPP amendments have been made clearer, eliminating grey areas. Institutions must now follow clearer processes when seeking changes to existing PPP agreements. Accountants handling contract revisions and financial reporting must align with these new rules.
More opportunities offered for private investment as the amendments provide a framework for Unsolicited PPP Proposals, meaning private-sector clients may find it easier to pitch projects—and they’ll need accountants to navigate the process.
What’s Next?
The Municipal PPP Regulation 309 is still under review, with updates expected by June 2025. Meanwhile, the final NTR 16 amendments have been published in Government Gazette Notice 5841, and Treasury will release more details in the 2025 Budget Review.
For accountants, these changes create both risks and opportunities. Whether you’re advising government entities, private investors, or corporate clients, staying informed is critical.
Read the Media Statement issued by National Treasury for more detail.
