BITC facilitates investments from Mozambique
Thursday, April 27, 2017
Delegates at the Botswana-Mozambique investment conference held in Gaborone this week PIC: KAGISO ONKATSWITSE
At a Botswana-Mozambique Business Forum held in Gaborone this week, the two countries updated each other on different projects that have been on the table since their previous meeting in Mozambique last October.
Speaking at the event, BITC acting chief executive officer, Meshak Tshekedi said government is working to improve the operating environment for the private sector, where “we have seen private companies being engaged to construct power plants”.
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...