Insights

WHEN PROCUREMENT CHANGED THE COURSE OF OUR ECONOMY PART 3- DIVERSIFYING THE ECONOMIC SECTOR

“STEERING NEW SECTOR DEVELOPMENT” INTRODUCTION Most developing countries depend on a limited number of sectors to grow their economies, and Zambia is not an exception. Zambia’s economy remains significantly dependent on the mining and export of copper, The agricultural sector which accounts for about 50% of national jobs is dependent on smallholder farmers characterized by […]

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JOINT VENTURE BIDS/CONSOTIUM PARTNERSHIP BIDS

The amended Public Procurement Act No. 17 of 2023 requires companies to subcontract, partner, or collaborate with citizen-run organizations to access large government contract revenues. While these arrangements allow businesses to combine resources and expertise, aligning with government objectives, it is crucial to manage risk exposures during and after the bidding process. Creating strategic partnerships

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WHEN PROCUREMENT CHANGED THE COURSE OF OUR ECONOMY – TRANSLATING GOVERNMENT INTENT INTO RESULTS

Committing procurement practitioners to Coinventing good policy and regulation intents into outcomes and outputs. 1.0 INTRODUCTION It is a widely accepted view that private sector is the best engine for job creation and inclusiveness.  In the recent past, a well-known Revland Walter post on his face book page pointed to the fact that a government

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Red and White Dart on Darts Board

Perception Matters

“I have always wondered why someone should spend 3 to 4
years studying how to get three quotations, up until you joined us”

This was a statement of a Former Finance Manager of one of the leading financial institutions in Zambia to the author of this article.
Well, he may not be the only one who wonders or thinks in this manner. At least for him, he was able to witness the transformative power of strategic and professional procurement first hand, hence, his statement ending with the phrase, “until you joined us”. What did he witness?

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