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Billions Of Rands Looted By South Africa’s ‘Covidpreneurs’: Report

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THE Special Investigating Unit (SIU) is investigating dozens of companies and individuals who are believed to have benefited from dodgy Covid-19 tenders, the Sunday Times reports.

Deals believed to be worth more than R2.2 billion involving emergency purchases of personal protective equipment (PPE) are at the centre of the investigation, with 90 companies that received contracts from the Gauteng health department under the spotlight.

The group is also investigating R30 million in alleged irregular contracts in KwaZulu-Natal. The SIU will then move to the Eastern Cape, where it will probe a R4.8 million contract awarded by the OR Tambo municipality for a Covid awareness campaign.

“The whole thing seems so unscrupulous and filthy, one doubts it will ever meet the National Treasury-issued regulations pertaining to emergency procurement of supplies and services,” said Sandile Zungu, president of the Black Business Council.

“Thieves and parasitic covidpreneurs who masquerade as black businesses must

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