With phase two of the process approaching completion, potential owners have one last opportunity to submit their documents.
The process to acquire one of the eight city-based teams is managed by EY. Following the submission of formal bids, CSA will evaluate the qualifying bids received and announce the successful owners in June.
Haroon Lorgat, chief executive Cricket South Africa said: “We have already seen great interest from South Africa and abroad in our franchise teams, and we anticipate some last-minute submission applications from potential owners ahead of our 5pm deadline on Friday, 28 April.
“This is an opportunity that cannot be ignored. We are looking for prospective team owners who are passionate about cricket, as well as South Africa. They will share the same values and ideals in cricket and the country as we do.”