BDC pumps P50m into healthcare
Monday, June 26, 2023 | 370 Views |
New pathways: Kgosidiile speaking at last week's official opening PIC: BDC FACEBOOK
The Corporation is the state’s premier investment agency, promoting economic diversity through equity and debt injections into strategic sectors. It invests in commercially viable projects across all sectors of the economy except large-scale diamond mining.
These sectors include energy, manufacturing, industry, property, services, tourism, innovation and technology as well as agriculture locally. The BDC managing director, Cross Kgosidiile said FAH stands as a testament to the Corporation’s unwavering commitment to healthcare excellence and the relentless pursuit of progress in Botswana. “It represents the unyielding belief in the power of collaboration and the collective determination to provide world-class healthcare services to the people of this great nation,” he said at the official opening.
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...