Bots, Zim explore trade opportunities
Wednesday, October 28, 2015
President of Confederation of Zimbabwe Industry, Busisa Moyo highlighting opportunities for joint Venture partnership in botswana PIC: KABO MPAETONA
Last week, business people from the Confederation of Zimbabwe Industry and Business Botswana met in a forum to strengthen trade ties between the two countries’ business communities and consider joint venture opportunities.
The Botswana Investment and Trade Centre (BITC) executive director of strategy and competitiveness, Keletsositse Olebile said his organisation undertakes market surveys in the region and abroad. One such survey was completed in 2014 in Zimbabwe.
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...