Wednesday 13 February 2008

Are poor deals crippling your country?

Almost every day governments in Africa sign trade and business deals with the private sector. But, many of these deals end up costing governments huge amounts of cash and do not deliver the goods.

Tanzania's former Prime Minister Edward Lowassa last week resigned after a parliamentary committee implicated him in an energy deal scandal with a US based company.The probe team questioned the cost and quality of the generators that the US Company delivered to help alleviate power shortages the country was experiencing in 2006.

In South Africa the ANC chairman Jacob Zuma is facing corruption charges in connection with a $4.8bn arms deal.

The list of dodgy expensive deals is endless. How can African governments avoid bad deals? Can tight procedures ensure better deals? Should the public be allowed to scrutinise deals before they are signed

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