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Preferential procurement versus suppliers’ equal opportunity

NewsDay Staff ·

Preferential procurement versus suppliers’ equal opportunity

There have been calls by Zimbabwean youths for a review of the public procurement laws to preserve a portion of public procurement for them in order to create employment in that sector.

Purchasing & Supply with Nyasha Chizu

This demand is very reasonable but is somehow at cross purpose with other elements of public finance management, such as the fiduciary obligations of accounting officers of providing equal opportunity in selecting suppliers that will benefit from economic advantages inherent in contractual relationships, coupled with that of economic efficiency.

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