Gvt fulfils the Global Compensation Deed Agreement

By Zivanai Dhewa

In a move that indicates without a doubt the New Dispensation’s commitment to fulfil its obligations of compensating the Former Farm Owners (FFOs), Government has today sent out an international call for expression of interest for Financial Advisory Services, the Harare Post can report.

The Ministry of Finance and Economic Development has sent out a press release inviting suitable Financial Advisors for Financial Advisory services with reference number MOFED/JRMC/EOI/01/2020.

“Financial Advisors are hereby invited to submit Expression of Interest (EOI) for the provision of Financial Advisory Services to raise funds, to be utilised to pay the Global compensation Amount for Former Farm Owners (FFOs), as per the Global Compensation Deed signed 29 July 2020, under which the former FFOs will be compensated in accordance with sections 72 and 295 of the Zimbabwe Constitution,” read part of the press release.

To show transparency, Government is inviting only competent consulting firms, whose applications will go through the Procurement Management Unit.

“Interested consulting firms should provide information demonstrating that they have the required experience, competence, skills and qualifications relevant for performance of services, whether as individual firms, joint ventures or as consortia.

“The minimum criteria for short-listing of consulting firms entails that the consulting firm must be a registered entity; with a minimum of three (3) trade references to be submitted; a minimum of 10 years of experience for each individual consulting firm singularly or in the consortium or joint venture and evidence of the necessary project team to undertake the project.

“The evaluation criteria, drawing up of the short-listed and selection procedure shall be in accordance with the Zimbabwe’s Public Procurement and Disposal of Assets Act (Chapter 22:23),” concluded the press release.

This is a positive and transparent step toward curbing corruption in the country, as Government works to ensure that only competent firms will get to be short listed.