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Labrish
Nyuuz
Zimbabwe Oversees Procurement with New Regulatory Body
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[QUOTE="Nehanda, post: 28331, member: 2262"] Buying and selling stuff for the government needs clear rules. Zimbabwe law makes this happen through the Public Procurement and Disposal of Public Assets Act. The government also created detailed regulations back in 2018. These laws ensure fairness and save money when public offices spend tax dollars. Zimbabwe set up the Procurement Regulatory Authority, known as PRAZ. This group watches how government offices buy things and ensures they follow the rules. PRAZ helps keep the system open and honest and ensures many companies can compete for each job. The Zimbabwe government made its buying rules without copying the United Nations model. Many countries use the UN Commission on International Trade Law as a guide, but Zimbabwe created something different. Their system focuses on local needs and problems. Government purchasing matters because it uses public money. The laws help prevent corruption and waste. When officials buy computers, build roads, or hire companies, they must be fair. The PRAZ team checks that everyone follows these important rules across all parts of government. [/QUOTE]
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Zimbabwe Oversees Procurement with New Regulatory Body
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