The oversight committee quizzed Prasa over the R357-million deal, which was flagged as irregular expenditure by the auditor-general.
The procurement of the locomotives, named the Afro4000, caused a scandal when it was discovered that they were the wrong size for South Africa's rail infrastructure.
Prasa chairman Popo Molefe said issues around the tender were still under investigation by the rail authority.
He said it appeared that currency hedging had been responsible for the increase in the cost of the locomotives.
Source: The Times
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
AfriGIS 17 hours
