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Boxing South Africa (BSA) will hold the purse bids for the rights to stage the fight for the vacant South African junior flyweight title at its offices in Nasrec today.
The purse bids were invited after the camps of the two contenders, Simpiwe Mabona and Mfundo Gwayana, could not agree on a venue for the fight.
Gwayana's promoter Mzi Mnguni wanted to stage the fight in East London where both fighters hail from, while Mabona's camp opted to fight in Klerksdorp.
Mabona is now based in Johannesburg under Nick Durandt's gym.
The two fighters qualified to fight for the vacant crown after Gwayana stopped Samora Msophi and Mabona did the same to Johnny Oliphant, in July.
The title was vacated by Muvhuso Nedzanani after he won the WBF world title.
BSA said promoters interested in participating in the bid would be required to be licensed for the current year.
"They must also hold licences qualifying them to stage national titles," BSA spokesman Loyiso Mtya said.
The promoters will be required to submit their bid amounts in full on the day of the bid. Mtya said this was to safeguard the fighters.
"If, for instance, a promoter cannot stage the fight for whatever reasons we will keep his or her bidding amount and divide it among the fighters because we do not want the fighters to be disadvantaged," he said.
Promoters will have to submit written letters from a television channel confirming they have television dates to stage the fight. - Sapa