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Tuesday, February 19, 2019

Report shows Escom still in a mess - The Nation Online

Report shows Escom still in a mess - The Nation Online: Investigations into the cause of financial mess that prompted Escom to make an abortive K53 billion bailout request from Treasury, has exposed entrenched weaknesses, prompting a Special Task Team to recommend management consultants to resolve the mess.

In its confidential report titled Report on Building and Unleashing Escom’s Potential in the New Environment, dated February 7 2019, the task team, chaired by Comptroller of Statutory Corporations Stuart Ligomeka, has detailed failure of the procurement, stores, distribution and financial management functions as well as indiscipline and poor organisational culture.

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