Ghana Loses $2bn In Sole-Sourced Contracts (I)

The Danquah Institute, a public policy research centre, has painstakingly undertaken due diligence on a number of public procurement contracts awarded on either sole sourcing or restrictive tender basis since 2010, involving over GH¢12 billion (US$2.96 billion in nominal terms). Our findings suggest that an estimated 65% savings could have been made if those deals … Read more

Ghana Loses $2bn In Sole-Sourced Contracts – Danquah Institute

The Danquah Institute, a public policy research centre, has said at least $1.93 billion is being lost through non-competitive tendering. The pro-opposition outfit said it has been investigating “public procurement contracts awarded on either sole sourcing or restrictive tender basis since 2010, involving over GH¢12 billion (US$2.96 billion in nominal terms).” “Our findings suggest that … Read more

Procurement System Must Be Efficient – Mona Quartey

Deputy Minister for Finance, Ms Mona Quartey has underscored the importance of an efficient and transparent procurement system in ensuring the achievement of Ghana’s pursuits in economic development. The Deputy Minister said various surveys and studies had attributed the failure of procurement systems to achieve good value for money and economic growth within Sub-Saharan Africa … Read more