BotswanaPost-BSB merger set for March 2011

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With the completion target for the project set for March 2011, the proposed form for the merger of BotswanaPost and Botswana Savings Bank (BSB) is taking shape.

News of this is contained in the recently released BotswanaPost annual report: "As at the close of the year, the form that the merged entity will take was beginning to take shape," says the report in the Chairman's statement.

"This development is a source of excitement to us at the Post as it will serve to propel our aspirations of becoming an icon of excellence."

Editor's Comment
Micro-procurement maze demands urgent reform

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...

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