Treasury to approve government contracts exceeding US$2 million to curb over-contracting

Source: New Zimbabwe · 2026-10-30T00:45:42.000Z · Politics

THE government has tightened controls on ministries awarding large contracts, with Treasury now requiring prior approval for any deal worth more than US$2 million as it seeks to enforce fiscal discipline. Finance Minister Mthuli Ncube announced the measure on the sidelines of the 2027 National Pre-Budget Seminar in Bulawayo, saying the new rules were designed […] The post Treasury to approve government contracts exceeding US$2 million to curb over-contracting appeared first on NewZimbabwe.com .

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