Daily Newsletter

Praz calls for supplier registration

Judith Phiri, Business Reporter

THE Procurement Regulatory Authority of Zimbabwe (Praz) has called on suppliers, contractors and service providers to register on the electronic Government Procurement (eGP) system for 2025, with registration set to open on January 1.

In Zimbabwe, supplier registration is mandatory and plays a crucial role in addressing misconduct among participants in procurement activities.

Procurement Regulatory Authority of Zimbabwe (PRAZ)

In a statement, Praz said: “Registration fees for local/domestic suppliers is US$120 annually (or US$30 quarterly) payable in Zimbabwe Gold (ZWG) and international suppliers US$850 annually.”

The authority advised against using third-party agencies for registration, as this can lead to scams, overcharging and loss of credentials.

Praz said instead, suppliers should register directly on their official website <https://egp.praz.org.zw>, while renewal and sign-up options are available for existing and new suppliers.

The eGP system was launched in October 2023 and over 21 000 suppliers registered on the system by October this year.

The online platform minimises human involvement in awarding tenders, thereby reducing opportunities for corruption.

Experts say by using a system that prioritises transparency and accountability, the Government can save up to 30 percent on procurement costs.

As an electronic Government procurement system, eGP was designed to enhance and streamline processes of public tendering and procurement through the use of information and communication technology.

Information about tenders, bidding criteria and awarded contracts are all accessible online, allowing more businesses to compete for Government projects.

The system automates many processes, reducing the risk of bias or favouritism in awarding contracts.

Praz was created through an Act of Parliament with a mandate of supervising public procurement proceedings to ensure transparency, fairness, honesty, cost-effectiveness and fair competition as required by Section 315 of the Zimbabwean Constitution.

  • Related Posts

    Farmers urged to embrace water harvesting

    Judith Phiri, Business Reporter FARMERS have been urged to explore different rain water harvesting strategies that will aid them to improve productivity. Water harvesting involves collecting and storing rainwater or…

    Tobacco farming gets boost in Matabeleland South

    Judith Phiri, Business Reporter THE revival of natural air-cured tobacco production in Mangwe District, Matabeleland South Province, has been viewed as a major milestone of a pioneer commercial venture project…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Govt rolls out provincial media tours of key projects

    Govt rolls out provincial media tours of key projects

    Life in Rhodesia under Smith cannot be compared to life in independent Zimbabwe

    Life in Rhodesia under Smith cannot be compared to life in independent Zimbabwe

    President leads Zimbabwe into New Year with a call to action

    President  leads Zimbabwe into New Year with a call to action

    Haddon and Sly, Amaya Mall shut in latest Zimra crackdown

    Haddon and Sly, Amaya Mall shut in latest Zimra crackdown

    Devolution funds drive service delivery improvements

    Devolution funds drive service delivery improvements

    Police warn public on firecrackers

    Police warn public on firecrackers
    Translate »