Procurement profession regulation long overdue

Early last month, the gods smiled on local Accountants and Auditors as Parliament passed the Financial Reporting (Amendments) Bill to correct the anomalies in the Financial Reporting Act 2010 and Accountants Act.

While there are so many bodies that have been set up to regulate their professions, I wish to take this opportunity to applaud BICA for the stellar job they have been doing over the years in advocating for the Accounting profession.

The objective of this piece is however not to decode the recently passed Bill, but rather to discuss the urgent need to expeditiously pass a Bill to license and regulate the procurement professionals who practise both in the public and private sector.

Editor's Comment
Let's show compassion to baby Asli

Her story is heartbreaking not only because she is fighting for her life at such a tender age, but because her parents have spent months navigating a medical journey filled with uncertainty, delays, and rising fear.What began as something that seemed as simple as jaundice has escalated into a life-threatening condition that now requires an urgent liver transplant.For Asli’s parents, the reality is devastating. They are not asking for luxuries...

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