Barclays Hosts Retailers' Market Day
Monday, December 02, 2019
The purpose of the engagement was to give retailers an opportunity to showcase their products as well as to interact with customers.
The event featured some of the leading players in the Fast-Moving Consumable Goods (FMCG) industry in Botswana who included Choppies, Tropicana, CA Sales, Fours Cash and Carry, Sefalana Holdings, Trans Africa, PST, Bokomo and Safari Distributors.
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...