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Honeymoon over for briefcase firms

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Finance and Economic Development, Minister Patrick Chinamasa

Finance and Economic Planning, Minister Patrick Chinamasa

FINANCE and Economic Planning Minister, Patrick Chinamasa, has warned State entities and local authorities against awarding tenders to briefcase companies.
Chinamasa accused the State Procurement Board (SPB) of awarding tenders to briefcase companies, increasing the cost of doing business in the country.
The SPB was replaced by the Procurement Regulatory Authority of Zimbabwe (PRAZ) following the promulgation of the Public Procurement and Disposal of Public Asset Act in January.

Read full story in this week’s paper

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