Home News E2.8bn Central Bank tender challenged
News

E2.8bn Central Bank tender challenged

Share
An artistic impression of the Central Bank of Eswatini Complex in Ezulwini. Following a procurement process, Dr Phil Mnisi, the Governor of the Central Bank of Eswatini, says the bidding process was transparent and competitive. (Courtesy pics)
Share

MBABANE – Consumers have raised concerns over alleged irregularities in the awarding of a tender for the construction of the Central Bank of Eswatini (CBE) Complex.

In terms of the Public Procurement Act of 2011, individuals and entities are required to lodge any objections within 10 days.

Represented by the Eswatini Consumers Forum (ECOF), a government-recognised entity, the consumers claim that the tender was granted to a foreign joint venture (JV) in violation of the Construction Industry Council (CIC) Act and the Constitution of the Kingdom of Eswatini.

The matter concerns Phase 1 of the CBE Complex project in Ezulwini, which was awarded to Ingcebo Joint Venture, comprising Stefanutti Stocks (Pty) Ltd and Stefanutti Stocks Eswatini. The first phase of the project is estimated to cost approximately E2.8 billion.

Copies of the forum’s letter were sent to the Swazi Empowerment Council, the Principal Secretary in the Ministry of Public Works and Transport, the Eswatini Contractors Association and the Eswatini Association of Architects, Engineers and Surveyors.

In the letter addressed to Maqhawe Mnisi, Chief Executive Officer of the CIC, Mandla Tshakala, Chairperson of the forum, alleged that the awarding of the tender to Ingcebo JV breached several legal provisions.

“This letter seeks to highlight a series of serious irregularities and statutory violations that have tainted the awarding of this contract by the CBE,” Tshakala stated on behalf of the forum.

The forum also engaged a team of legal practitioners to examine the tender’s compliance with relevant legislation, including the Central Bank Order and the Public Procurement Act.

ECOF further argued that awarding the contract to Ingcebo JV contravened the Citizens Economic Empowerment Act of 2021, undermining its intent to promote local participation in major national projects.

The forum cited Section 40(1) of the CIC Act, which stipulates: “A person shall not award a contract for construction works to a foreign company or foreign firm without the approval of the council.”

Subsection 2 reads: “Where an award of a contract is referred to the council for approval and the council determines that the construction work to be awarded can be taken by a Swati company or Swati firm, the council shall not endorse its approval and the person shall not award the contract to the foreign company or foreign firm.”

Consumers said the CBE was clearly being aided and abated by the council to contravene Section 40(1) of the CIC Act.

“The eventual winner, Ingcebo Joint Venture, was adjudged to be the preferred or advantageous bidder to be appointed by the CBE. This appointment was made with the approval of the council. This was based on tender adjudication conducted contrary to the Procurement Act,” reads the letter.

Section 42 (1) of the CIC Act states that a ‘person shall not award a contract for any construction works to a foreign company or foreign firm unless the foreign company or foreign firm undertakes the construction works in partnership with or jointly with a Swati company or Swati firm.’

*Full article available on Pressreader*  

Mandla Tshakala, Chairperson of the Eswatini Consumers Forum, alleged that the awarding of the tender to Ingcebo JV breached several legal provisions.
Mandla Tshakala, Chairperson of the Eswatini Consumers Forum, alleged that the awarding of the tender to Ingcebo JV breached several legal provisions.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Mountain homes face demolition

MBABANE – EmaSwati who were allocated land on hills and mountainous areas could soon see their homes demolished as the Land Management Board...

Bhunu Mall incident: Project manager not qualified engineer

MANZINI – The ongoing construction of the Bhunu Mall has brought to the fore critical questions surrounding statutory compliance. At the centre of...

‘MaMkhize’ brings back black, white kit

(At Prince of Wales Sports Ground) MBABANE – It was indeed a homecoming party. This came after Mbabane Highlanders President Shauwn ‘MaMkhize’ Mkhize...

Home Affairs Corruption: Cleaners fired for selling marriage certificates

MBABANE – Two Ministry of Home Affairs cleaners have been dismissed from the public service after admitting to soliciting money from the public....

RFM finance clerk charged for E133 754 fraud

MANZINI – A 50-year-old finance clerk employed by Raleigh Fitkin Memorial (RFM) Hospital has been charged with fraud after an internal audit uncovered...

Related Articles

Lower Maguduza to start power generation in January

MANZINI – Eswatini is set to receive an additional 13.5 megawatts of...

Re-arrested Chinese nationals demand E208 million from government

MBABANE - Forty Chinese nationals who were re-arrested while trying to leave...

Be warned: Hands off Umhlanga maidens

MBABANE - Police and Acting Imbali Overseer Umfanawenkhosi Hlangabeza Mdluli have warned...

Jenny Internet injects E570 000 into EITF free Wi-Fi

MANZINI – Jenny Internet has committed E570 000 towards providing free high-speed...