About Us
Building Fairer, More Transparent Markets
PSB is a broker of goods and services established to address challenges associated with corruption, fraud, unfairness and unequal access to opportunities.
Mission
To restore governance integrity through elimination of corrupt and fraudulent practices, and create an environment of equal opportunities for all at all levels of society within Malawi and the globe.
Goal
To eliminate corruption and promote equality in Malawi and across the globe.
Strategy
To develop procedures and software applications that will eliminate corruption.
Vision
To be the most trusted broker of goods and services in Malawi and on the globe.
Our Objectives
01.
To eliminate any potential corrupt practices by de-linking all the steps in the tendering processes
02.
To remove any bias or prejudice, and enforce fairness in the tendering and procurement processes
03.
To enforce merit service strictly on first come first serve basis, and inculcate a culture of respecting legitimate queuing.
04.
To create an environment of equal opportunities for all.
05.
To maximize consumer benefits and drastically cut costs in the supply chain of institutions
06.
To provide all suppliers, contractors and service providers with equal access and exposure to prospective customers
Corruption overview in Malawi
Corruption is an act of bribery to dishonestly influence a commercial or legal decision in one’s favour, and/or to be accorded preferential treatment to jump an orderly legitimate queue. Present estimates indicate that about 30% of public funds are lost through corruption and fraud annually. The following are some of the most common and fertile areas of corrupt practices:
Corrupt suppliers/contractors connive with decision makers or influential officers of a procuring entity to influence bid results in return for a share of the contract/purchase amount. Sometimes the carrot is dangled by the officers of the procuring entity as a condition for the business award to the contractor/supplier. In public institutions, controlling officers have in the past been further exerted with undue influence to accept bids and award contracts to businesses of the ruling elite to enable them finance the ruling party. Tribalism, regionalism, nepotism and ethnicity also play a major role in this area.
Corrupt individuals and institutions bribe tax collectors and law enforcing public officers to evade taxes/fees, and to avoid penalties when in contravention of the law.
Due to inefficiency in public service delivery, applicants for public services like immigration, electricity and water connections, houses and plots allocations, and motor vehicle licensing wait on the queue far too long for their patience. This prompts some applicants to seek ways of jumping the queue by bribing allocation or responsible/licensing officers. Some public officers deliberately create panic situations to influence bribes from applicants.
There have been seemingly some effort in the fight against corruption through some framework by government and some stakeholders. Unfortunately there are a lot of gaps in the framework probably left deliberately and technically by policy makers most of whom benefit a great deal from the vice.
The critical challenge is that the legal framework currently in force depends largely on the goodwill, integrity, interests and character of the top leadership to be effective. A change in Government could easily reverse a situation.
Some Numbers
Connecting people, businesses and institutions through trusted digital solutions
Years Serving Clients
Big Companies
Suppliers
RFQs proccessed
Would you like to work with us?
Whether you are an institution looking for a more transparent procurement process, a supplier seeking market access, a job seeker looking for opportunities, or a consumer searching for goods and services, PSB provides digital platforms designed to make access fairer and more efficient.