Vimbai Nyemba

The Procurement Regulatory Authority of Zimbabwe (PRAZ) is a statutory body established under the Public Procurement and Disposal of Public Assets Act to regulate and oversee public procurement and asset disposal in Zimbabwe. The private company is based in Harare, Zimbabwe. The organization ensures that procurement processes across government ministries, departments, and agencies are transparent, fair, cost-effective, and competitive. PRAZ provides procurement guidelines, legal frameworks, standard documents, and training programs to suppliers, procurement officers, and the public. It supports the professionalization and modernization of procurement through ongoing reforms, including decentralizing procurement decision-making and enhancing accountability. PRAZ has introduced an electronic government procurement (eGP) system, a secure web-based platform for electronic procurement, which covers e-registration, bidding, tender evaluation, contract management, invoicing, payments, data analytics, and e-auctions. The authority manages a bidder registration framework, offers an e-learning platform for procurement training, consults stakeholders, publishes reports, maintains a debarment list, and organizes events related to procurement.

Provides protection services on insured deposits in the event of failure of an institution

Provides asset management services