Rampant corruption in construction industry � DCEC
Friday, June 30, 2017
According to the Directorate on Corruption and Economic Crime (DCEC), allegations of collusions between building contractors, supervising consultants and government employees are still rife.
DCEC director general, Rose Seretse said fraud and corruption in the construction industry is so common that it is often accepted as a cost of doing business.
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...