Air Botswana faces �financial meltdown�
Friday, February 21, 2014
“It is recording financial losses and faced with customer dissatisfaction resulting from schedule disruptions,” the ministry said in the draft 2014/15budget estimates currently before legislators.
“As a result of the foregoing, a management consultant has been engaged for the provision of consultancy and implementation services for turnaround in certain areas of operations.”
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...