BSE empowers woman-led SME in Chobe
Tuesday, March 19, 2024 | 290 Views |
Partnerships: Mooki (third from right) with Chobe Weavers
The Corporate Social Responsibility (CSR) initiative, which was underpinned by the BSEL’s commitment to empowering communities through philanthropy, was spearheaded by newly appointed board chairperson, Neo Sesame Mooki.
According to Chief Executive Officer (CEO) Thapelo Tsheole, the BSEL proudly donated P20,000 to this cause, emphasising its commitment to empowering women entrepreneurs. He added that the board chair also elected to donate all of her sitting remuneration towards good causes and charities in Botswana.
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...