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[QUOTE="Queen, post: 88312, member: 27"]
A national price list just got dropped onto Zimbabwe's e-procurement system to block suppliers from gouging the government on everyday purchases.

Standard price list targets overpricing
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[*]Finance Minister Mthuli Ncube confirmed the National Standard Price List is live.
[*]It covers all goods and services the government typically buys locally.
[*]Any pricing above the specified range gets automatically rejected.
[*]PRAZ hosts the list on its website and manages the e-procurement system.
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ZiG payments are now the default locally
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[*]The government will pay in ZiG for all locally produced goods supplied.
[*]Ncube said this move is meant to boost local-currency demand.
[*]The Reserve Bank of Zimbabwe issued a supporting statement on forex access.
[*]Importers can still source US dollars through their banks legitimately.
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Foreign reserves back up the currency
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[*]Zimbabwe holds US$1.2 to US$1.5 billion in hard-currency reserves.
[*]Gold is part of that reserve cushion.
[*]Ncube says that covers the ZiG currently in circulation.
[*]He insisted there is zero reason to stress about forex access.
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Contractor payments should improve
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[*]Blocking overpayments prevents the government from falling behind on bills.
[*]Over-contracting gets eliminated when pricing stays within range.
[*]Goods sourced internationally will still be paid in US dollars.
[*]Ncube framed the whole system as restoring procurement order.
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[/QUOTE]

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