VP ‘ takes over’ billions in tenders

The company, a Durban based firm (names known to this publication) is named in a secret Cabinet memo dated November 18 2022, despite the fact that the Transitional National Development Plan, which calls for the appointment of a development manager to oversee major projects, was only passed by Parliament this week.

The SA firm is set to reap a commission of up to 12 percent for each major project it monitors, with an additional maximum of three percent of the project cost being charged as “development fees”.