Bulk buying system improves cash collection

The cost of transferring bulk funds across commercial banks in Tanzania, Kenya and Uganda fell tremendously during the past eight months, thanks to the introduction of a new payment system.

The warehouse receipt system (WHRS) used in selling and buying cashew nuts should be properly administered to stop crop thefts, farmers appeal.

Overwhelmed by huge debts, the management of Moshi-based co-operative society has now started selling some of its assets to pay debts running into billions.

The Controller and Auditor General’s (CAG) report on the finances of political parties, which was handed over to the Parliamentary Public Accounts Committee on Tuesday, paints a disturbing picture.

>The government has been asked to review the fuel Bulk Procurement System (BPS) because there are indications that the system has created monopoly.

East African Business Week
Donors to fund bulk of EAC budget
East African Business Week
PROGRESS: The tendency of having numerous road blocks long East Africa's main transit routes has substantially reduced due in part to the political will of the regional heads of State. COURTESY PHOTO. ARUSHA, Tanzania - Development partners are to ...
EAC Tables US$110 Million Budget to Regional AssemblyAllAfrica.com
Set to align tourism laws: East African Community member stateseTurboNews
EAC tables over 100...

 Tanzania has saved a total of Sh 121.57 billion in the past two years after streamlining the system of importing petroleum products, a new report shows.

>Tanzania has been saving billions of shillings since the country started importing petroleum products in large quantities (bulky procurement system) a few years ago, the deputy minister for Energy and Minerals said yesterday.

spyghana.com
Two Billion Shillings Saved in Bulk Vehicle Purchase
AllAfrica.com
Dodoma — Bulk procurement has intensified control over public expenditures, with the government reported to have saved 989,514 US dollars (about 2bn/-) in the purchase of 50 motor vehicles that were imported as of April, this year. Finance Minister, Ms ...
Bulk procurement in public sector recorded significant successspyghana.com

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