Zimbabwe clamps down on suppliers-VFM audits to be carried out before any payment


0

Zimbabwe Finance Minister Mthuli Ncube says all existing government contracts will be subjected to a value for money audit before any payments are made.

Punitive measures will also be taken against all government officials found to be complicit to overpricing and procurement malpractices while suppliers will be blacklisted.

These are some of the measures announced by Ncube yesterday to curb extortionist pricing of goods that were being sold to the government, fuelling inflation and black market activities.

Below is the full statement by Ncube:

Continued next page

(67 VIEWS)

Don't be shellfish... Please SHARETweet about this on Twitter
Twitter
Share on Facebook
Facebook
Share on LinkedIn
Linkedin
Email this to someone
email
Print this page
Print

Like it? Share with your friends!

0
Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

0 Comments

Your email address will not be published.