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RBZ Auction Turns Reliable Foreign Currency Source For SMEs

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.

PRAZ Backs Law Changes To Promote Locally Manufactured Goods

By Alois Vinga THE Procurement and Regulatory Authority of Zimbabwe (PRAZ) has tabled plans to push for amendments on the purchasing law in order to promote locally manufactured goods. Speaking to NewZimbabwe.com Business on the sidelines of a media engagement meeting this week past week, PRAZ acting chief executive officer, Clever Ruswa said the proposed amendment will drive procurement. “Our intention is to incorporate the measures in the regulations by aligning with other policies approved through cabinet and parliament. “The strategy also falls in line with government policy on local content by giving specific quotas to Small to Medium Enterprises (SMEs),” he said.

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