BuzzSouthAfrica has been informed that the Gauteng Provincial Government has saved R414 million from being squander.
The amount which will now be channeled towards service delivery was saved via the slashing down of accommodation, catering and travel expenses.
As learnt, the revelation was made when Barbara Creecy, the Finance MEC of Gauteng Provincial Government presented the province’s R108 billion budget in the legislature on Tuesday.
According to the MEC, R414 million was saved after the provincial government decided to slash non-core expenses identified. She said:
“Last year we saved R386 million in fruitless and wasteful expenditure by reducing interest paid on overdue accounts.”
Thereafter, the Finance MEC disclosed that Gauteng Provincial Government would intensify procuring goods and services from historically disadvantaged individuals.
She added that the province is working towards initiating the procurement regulatory changes that would permit a 30% compulsory subcontracting of all contracts above R30 million to smaller enterprises.
“We believe this will allow us to make Premier Makhura’s vision of a second wave of empowerment a reality. One in which black-owned businesses and township enterprises we are currently empowering, help us re-industrialize and modernize our provincial economy,” the MEC expressed.
Afterwards, she divulged that the province wants to have all its procurement spending done through an open tender system by the 2018/19 financial year in order to deepen transparency.
From our gatherings, the province initiated the open tender system for contracts above R50 million in 2014.
Filing this report, the South African News Agency related that efforts to fight fraud and corruption in the province led to the strengthening of its internal forensic services units.
“This resulted in 125 employees suspected of engaging in fraudulent and corrupt activities, facing disciplinary action.
“A forensic laboratory with digital forensic tools has also been built to assist with fraud and corruption investigations, while additional forensic investigators have been hired,” stated the news ag