News

No more cheque payments

Government complex.

HONE SIAME, Lusaka
THE Ministry of Finance will no longer make treasury single account payments to suppliers of goods and services who make manually-generated purchase orders.

Accountant-General Dick Sichembe says the treasury single account, which the ministry has been implementing since 2015, is a system used to electronically transfer payments to the beneficiaries’ bank accounts.
Dr Sichembe said effective January 2018, manually-generated local purchase orders (LPOs) will not be entertained for treasury single account payments.http://epaper.daily-mail.co.zm/






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