G25: Act fast to check alleged abuses in govt spending

The G25 group has urged the government to expedite the implementation of the proposed Government Procurement Act.

"This is an important act because much of the political abuse in government spending happens through the award of contracts to political favourites and cronies, involving over-pricing of contracts at the expense of the government budget.

"It also has damaging effects on genuine private sector companies which lose out in the bidding process because of unfair competition. The new act will ensure that there are proper procedures to...