Gov�t seeks ways to curb project delays, overruns
Thursday, September 14, 2017
Appearing before the committee, permanent secretary in the Ministry, Kabelo Ebineng said virtually all of the projects they are currently implementing are behind schedule.
“This will ultimately result in project extensions of time leading to cost overruns,” he said. In most projects, Ebineng said it was established that there is a lack of project management, noting that the Ministry needs to set up a project management office that will be manned by a well-resourced project management officer.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...