As required under Sections 7 and 9 of the Government Owned Enterprises Act (GOEA,2015), a GOE shall operate on commercial principals for profit, be self-financing and self-sustaining and with a defined income stream.
Effective, efficient and agile management of direct purchases shall be one of key enablers for the realisation of the above requirements.
However, the Public Procurement and Assets Disposal Act and its attendant regulations are largely intended for indirect purchase. They not suitable for direct purchases.
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