Bomaid to cut MRI Botswana shareholding
Friday, July 09, 2021
Up for grabs: MRI is one of the biggest medical service providers in the country PIC: MRI
MRI Botswana operates clinics, pharmacies and emergency response services throughout the country accessible by Bomaid and other medical aid societies.
Bomaid CEO, Moraki Mokgosana told BusinessWeek that while MRI has been providing services to three of the country’s four medical aids, market-related issues had led to a decision to divest.
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...