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|Title:||An Investigative Analysis of the State Procurement Board Regulatory Amendments and their Effect on Zimbabwean Parastatal Organizations: a Case Study of Zimbabwe Power Company Bulawayo Power Station.|
|Publisher:||Lupane State University|
|Abstract:||The study was undertaken to investigate and analyse the State Procurement Board regulatory amendments and their effects on Zimbabwean parastatals utilizing Z.P.C.B.P.S. as a case study. The key objective of the research was critically analyse the regulatory amendments identifying how the regulatory amendments have affected and shall affect public procurement at a Macro-Economic level and the impacts on the public entities, their internal value chain activities and structures. The study adopted a combination of both qualitative research and quantitative research for data collection and analysis. In order to ensure a complete understanding of the phenomena a cross sectional sample of 30 respondents from different organizational levels and value chain departments, was selected from which the researcher collected data. A questionnaire was utilized as the primary data collection tool employing primarily closed questions. The data collected from the study was analysed using statistical computer programs namely Statistical Package of Social Sciences and Microsoft Excel. The research concluded that the State Procurement Board regulatory frameworks, which were once viewed as cutting edge, established for the purpose of maintaining and fostering transparency, accountability, efficiency and effectiveness in public procurement have become obsolete losing touch with the global dynamic business environment, causing a plethora of challenges within public procurement and for the procuring entities. It is in this light that the public procurement reforms were created as a means to alleviate the aforementioned challenges, raising public procurement standards to be at par with regional and global practices increasing the capabilities of public entities and public procurement at a Macro-Economic Level. Recommendations were proposed for the key stakeholders in respect to the reformed public procurement frameworks, particularly the government and the State Procurement Board, Z.P.C. B.P.S. as well as additional public entities that may be impacted by the regulatory reforms. Propositions were made pertaining to future research in line with the study. These include the advancing of the study to incorporate the impact of the regulatory reforms on the parastatal suppliers, furthering of the study to embrace additional parastatals particularly in different industries as a means to gain a complete understanding of the impact of the regulatory amendments on all Governmental parastatals in Zimbabwe.|
|Appears in Collections:||Department of Business Management|
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