KZN gives R2.1bn Covid-19 spend breakdown ahead of lifestyle audits

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

South Africa Headlines News

Almost 40% of the R2.1bn spent by the KwaZulu-Natal provincial government on procuring PPE and other goods and services as part of the response to Covid-19 was spent on African-owned companies.

KwaZulu-Natal premier Sihle Zikalala says 235 African-owned companies out of a total of 392 were awarded Covid-19 contracts.

Premier Sihle Zikalala made these statistics available when he released a report on owners and directors of companies awarded Covid-19 contracts on Thursday. “Our analysis shows that out of this total of R2.1bn, R810m was spent on African-owned companies. The total of African-owned companies used was 235 out of a total of 392 companies,” he said.“The analysis further shows that R37m was spent on white-owned companies, a total of R31m on companies with owners showing a mixed racial profile, while R10m was spent on companies owned by coloured people and R9.7m on companies owned by Asians,” Zikalala said.

He said suppliers who had more than 50% female ownership accounted for 33% of the spend while about 15% of the total was spent supporting young business owners. He said almost R1.8m went to suppliers whose owners were not registered on the Central Supplier Database, therefore there were no details available.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SAA needs R2.2bn to pay for voluntary severance packagesMore than 3 000 employees out of 5 000 have accepted the packages. The state-owned airline, which went into business rescue, is likely to retain 1 000 workers.
Source: mailandguardian - 🏆 2. / 92 Read more »

JPMorgan joins green bond market with $1bn offeringTop Wall Street banks are selling debt to finance green or social projects as demand grows
Source: BDliveSA - 🏆 12. / 63 Read more »

COVID-19 LIVE UPDATES | How these Covid-19 modellers got the death toll rightCovid-19 live updates.
Source: TimesLIVE - 🏆 28. / 59 Read more »

You can have sex parties but no dancing at weddings allowed, says QueenslandWedding guests in Queensland, Australia, have been up in arms over its COVID19 restrictions. IOL_Lifestyle
Source: IOL - 🏆 46. / 51 Read more »

1,990 new COVID-19 cases reportedThe health department released the latest COVID-19 results on Wednesday.
Source: eNCA - 🏆 49. / 51 Read more »

Corrupt PPEnterpreneurs are like murderers - President Cyril RamaphosaRamaphosa, who said this while addressing members of the SA National Editors Forum on Wednesday evening, spoke as prices of some PPEs skyrocketted by more than 800%.
Source: SowetanLIVE - 🏆 13. / 63 Read more »