Botswana’s economy expected to operate below full capacity
FRANCISTOWN: Lesego Moseki, the new Governor of the Bank of Botswana (BoB), has said that the economy is expected to continue to operate below full capacity in the short to medium term, thereby not generating demand-driven inflationary pressures.
Micro-procurement maze demands urgent reform
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...