Eskom plans to streamline procurement in light of Zondo reports - ‘Post state capture we’ve put in several controls on the procurement and contract management side,’ says power utility procurement executive
The portfolio committee on public enterprises on Wednesday held a briefing on policy impediments raised by Eskom and logistics entity Transnet about the Preferential Procurement Policy Framework Act , broad-based black economic empowerment and all policies hampering the developmental objectives of SOEs.
“We feel strongly that we can actually manage those and provide monitoring information to treasury and other authorities and be able to give the flexibility and agility in our operations to also demonstrate to lending organisations that we can actually conclude contracts and procurement in a shorter space of time and complete the project timeously so that we can be given the additional funding.”
“When we do procurement, the number of steps we go through and speaking to different departments and treasury takes time and has an impact on when you are able to spend,” Thlakudi said.
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