Bolux expands plant to boost capacity
Friday, October 02, 2015
Bolux Milling operations in Ramotswa
Bolux recently sold a 49 percent stake to Seaboard in a move aimed at securing investment and capital injection into the company.
Head of corporate affairs at Bolux, Nkosi Mwaba said the company has been operating an old plant since 1984 adding that it needed to be refurbished.
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...