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Gaolathe warns against costly project failures

Friday, February 13, 2026 | 210 Views |

Vice President and Minister of Finance Ndaba Gaolathe has warned that costly project failures and weak financial controls must come to an end, as the government intensifies efforts to restore discipline, accountability, and value for money in public spending.

Presenting the 2026/2027 Budget Speech earlier this week, Gaolathe said repeated cost overruns, inflated budgets, and poor project execution had in the past undermined development outcomes and eroded public confidence in government institutions.

He said a comprehensive review of major projects had revealed unacceptable inefficiencies, particularly under the development manager (DM) model, which was introduced in 2023 to improve project delivery and coordination.

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Gaolathe warns against costly project failures

Vice President and Minister of Finance Ndaba Gaolathe has warned that costly project failures and weak financial controls must come to an end, as the government intensifies efforts to restore discipline, accountability, and value for money in public spending.

Cyber Drill sounds alarm on AI, IoT and quantum threats

BA ISAGO, partners launch training scheme for energy sector

BNF leadership forum eyes renewal

When political opportunities flee, vultures flee, loyalists rise

BDP constitution review calls face procedural test

Kedikilwe sounds alarm as cost of living bites hard

‘School feeding scheme will not be scrapped’

Education budget buckles under pressure

Cameras watching: Drive safely or pay the price