Khato Civils awards local partner P230 million
Friday, October 09, 2020
Khato has as part of the Water Utilities Corporation’s (WUC) P781 million Masama 100km tender ensured that P230 million is awarded to its citizen partner, Evolution Engineering as per the dictates of citizen economic empowerment.
Phiri said at the WUC’s Masama 100km infrastructure project ground breaking ceremony this week that he was deliberately spelling out his company’s contribution to real citizen economic empowerment.
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...