Online Reporter
Nqobile Bhebhe
Government has introduced a National Standard Price List (NSPL) to guide the procurement of commonly used goods and services across Ministries, Departments and Agencies (MDAs), including State-owned enterprises and local authorities, as part of measures aimed at enhancing accountability and ensuring value for money in public spending.
The framework seeks to address price inconsistencies across Government institutions while strengthening control over public expenditures.
In a statement, Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube said the initiative will bring greater transparency and efficiency in the procurement system.
“The Ministry of Finance, Economic Development and Investment Promotion and the Procurement Regulatory Authority of Zimbabwe (PRAZ) wish to inform the current and potential suppliers that the Government has introduced a National Standard Price List (NSPL) to guide the procurement of commonly used goods and services across Ministries, Departments and Agencies (MDAS).
“This measure has been introduced to guarantee value for money in public spending by addressing price inconsistencies across MDAs and enhancing control over public expenditures,” said Prof Ncube.
He said the implementation of the new pricing framework is expected to deliver significant cost savings while strengthening accountability in the management of public funds.
“The implementation of the NSPL is expected to enhance cost savings, transparency and efficiency in public procurement, thereby supporting national development priorities.
“The NSPL also forms part of the Government’s broader Public Financial Management reforms, which include the rollout of the electronic Government Procurement (e-GP) System, strengthened financial oversight, and improved budget management systems,” he said.
Prof Ncube added that the new procurement approach also aligns with Government’s local content and currency policies, which prioritise domestic production and the use of the local currency in transactions with local suppliers.
“Moreover, in accordance with the 2026 National Budget Statement, priority will be given to domestically produced goods and services.
“Similarly, the Government of Zimbabwe will lead in the use of the local currency, and as a result, payments to local suppliers will be made solely in the local currency,” he said.
The move is expected to support local industry while tightening public sector procurement processes and improving fiscal discipline across Government institutions.
