Company linked to Ace Magashule scores big on Free State road projects

Sedtrade, a company linked to former Free State premier Ace Magashule, scored nearly R1.47bn worth of contracts out of R3.3bn allocated to infrastructure projects by the provincial Department of Police, Roads and Transport.
The figure comes from an official spreadsheet amaBhungane obtained under the Promotion of Access to Information Act (PAIA), showing the value of completed and ongoing projects for the 2016/17 financial year, when Magashule was still premier.
Magashule was elected secretary general of the ANC in December 2017 and resigned as premier, though his scandal-plagued Free State legacy has dogged his role in the party.
Sedtrade obtained nine out of 36 provincial road contracts detailed (25%) – more than any other construction company – but, more importantly, they were mainly large contracts amounting to some 44.5% of the total project costs.
Sedtrade is a Vereeniging-based company owned by the wealthy Dockrat family, whose other businesses have also benefited to the tune of millions from projects in the Free State.
Source: NEWS24

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