Home | Business | PWC SECURES E2.3M ESWATINI RAILWAYS EXTERNAL AUDIT CONTRACT

PWC SECURES E2.3M ESWATINI RAILWAYS EXTERNAL AUDIT CONTRACT

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MBABANE – Eswatini Railways (ESR) has announced its intention to award a tender worth E2 315 835, inclusive of VAT, to PricewaterhouseCoopers (PwC) for the provision of external audit services. Following a competitive bidding process, PwC emerged as the best-evaluated bidder with a total score of 96 per cent. The tender marks a significant milestone for both organisations, reflecting a commitment to transparency and efficient financial oversight. PricewaterhouseCoopers (PwC) is a globally renowned professional services firm specialising in audit, assurance, tax and consulting services. With a strong presence in Eswatini, PwC is known for delivering high-quality and reliable solutions tailored to meet the needs of businesses and institutions.

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Eswatini Railways is the national rail transport provider, facilitating the movement of goods and passengers across the country and connecting Eswatini to regional trade networks.
ESR plays a critical role in the country’s economy, providing logistical support for various industries while ensuring operational efficiency and sustainability. This announcement follows the Public Procurement Act No. 7 of 2011, which mandates transparency in tender processes. Other bidders have a 10-day window to submit any applications for review, as per sections 45(4), 46, and 47 of the Act. This tender award demonstrates Eswatini Railways’ commitment to maintaining high standards of financial accountability and governance.

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