The office of the auditor general has noted with concern lack of transparency, outdated procedures in procurement and failure to adhere to laid down procedures have impacted on the implementation of many of the government’s projects.

Robust, sound as well as sustainable procurement and supply strategies are key in enhancing efficiency, competitiveness and contribute to the country’s economic development.

Prudent procurement and associated policies through price stabilisation drives economic growth, lowers inflation while eliminating market price distortions said Vice President Mnangagwa in a speech read on his behalf by the Minister of Information, Communication Technology, Postal and Courier Services, Cde Supa Mandiwanzira.

Small and medium enterprises have also been clamouring to have a share of the lucrative contracts especially from government for them to grow into larger entities.

Required goods and services must also be obtained from appropriate suppliers to enable institutions to meet their strategic objectives in an economic, efficient and effective manner.

The government is pushing for procurement reforms which are expected to push forward the Zimbabwe Agenda for Sustainable Socio Economic Transformation (ZIM ASSET).