BSB rolls out VISA cards to social grant beneficiaries
Monday, March 29, 2021
Reaching out: A social grant beneficiary goes through the the process to receive a VISA card
The Ministry of Local Government and Rural Development recently appointed the bank to disburse social benefits for people living with disabilities, destitute, old age pensioners, and World War II veterans. The beneficiaries will each have a pre-registered account along with the card, which they will use to access their monies.
Speaking during his visit to Good Hope Marumuloa said the bank was trying to increase the reach of its services across the country and was prioritising efforts to efficiently deliver services to all Batswana.
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...