Changes to public procurement regulation in Zimbabwe
Zimbabwe’s new Public Procurement and Disposal of Public Assets Act {Chapter 22:23} (the Public Procurement Act) came into effect on 1 January 2018. The new Act repealed the Procurement Act {Chapter 22:14}.
How Zimbabwe is paving the way for foreign investment in transport infrastructure
Existing Zimbabwean legislation currently does not provide, in clear and certain terms, the extent to which private players may participate in the provision, maintenance and management of transport infrastructure.
The challenges and opportunities of doing business in Africa
Doing business in Africa provides unique challenges and endless opportunities. With fewer conflicts and economic growth rates that are now competitive with those of other developing regions, Africa has experienced positive change and has a substantial amount to offer. However, the business environment, including social, economic, legal and political, is complex and doing business in […]
Capital spending on infrastructure too slow to spur growth
INVESTMENTS in infrastructure, particularly by public-sector institutions, will have to be ramped up by a large margin if ambitions to grow South Africa’s economy are to be realised. Gross fixed capital formation, a measure of investment spending, grew by just 3.1% during the fourth quarter of last year, a disappointing drop from 7% growth in […]