BALA ventures into commercial investments

Moletsane
Moletsane

Botswana Association of Local Authorities (BALA) has registered a private company that is aimed at driving commercial investments.

BALA Chief Executive Officer Ketlhomilwe Moletsane revealed this in an interview with Monitor Business.

“As BALA is not a profit making entity, we have decided to open up a company outside of the association that will be acting as our investment entity, where we will be able to raise funds through it and help councillors in capacity building.” Said Moletsane.

Editor's Comment
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...

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