- Published on 11 October 2017
The Public Procurement and Disposal of Public Assets Act, which is meant to regulate the procurement procedures at all state controlled institutions is expected to come into effect in January 2018.
The Public Procurement and Disposal of Public Assets Act will repeal the Procurement Act as well as abolish the State Procurement Board which will become the Procurement Regulatory Authority of Zimbabwe (PRAZ). Senior Procurement Executive in the Office of the President and Cabinet Nyasha Chizu said what is only left is the effective date. Chizu said what the new law will do is to separate the role of regulations and operations which the State Procurement Board was doing. (Herald)