BPC weighs options to revive Lesedi project
Tuesday, September 27, 2016
Decision time: Before liquidation, the Lesedi project had provided over 600 solar home systems
Last year, Lesedi Project was placed under liquidation and the franchising business model was re-called for review after it failed to generate profits and sustain itself.
Speaking in an interview with Mmegi Business, the corporation’s manager, marketing and communications, Dineo Seleke said to accommodate a smooth transition, the liquidation of Lesedi is currently ongoing.
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...