Tanzania, April 18 -- Dar es Salaam. The management of the bulk procurement system leaves a lot to be desired, the Controller and Auditor General (CAG) has noted, revealing how the situation fails to assure Tanzania of adequate supply to prevent stock-outs.

In his performance audit report for the management of the importation of petroleum in the country, the CAG, Mr Charles Kichere has faulted several aspects of the bulk procurement system.

The first issue was the fact that the Energy and Water Utilities Regulatory Authority (EWURA) failed to identify Oil Marketing Companies (OMCs) with petroleum product stocks lasting less than 15 days than the required days.

The report also faults the stock monitoring and regulation of the petroleum ...