BICA, API partner for public sector accountants
Monday, June 12, 2023 | 180 Views |
Done deal: Mulera and Molatedi signing off on their new partnership on Friday
Through the agreement, public sector accountants will be able to be trained and up skilled on public sector administration and financial management and reporting.
“Through API, public sector accountants will be trained to get deep understanding of public sector administration and public financial management and reporting,” explained BICA CEO, Verrily Molatedi at a signing ceremony.
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...