Bulb World gains market traction
Monday, August 15, 2022 | 390 Views |
Ketshepaone Jacob PIC: PHATSIMO KAPENG
The homegrown company recently secured a deal to supply Shoprite stores with LED bulbs. According to Bulb World Sales and Distribution coordinator, Keamogetse Kgomela part of the deal will include supplying about 2,300 shops across Africa.
“We can now sell our products to Shoprite, Checkers, U Save, and OK Foods and Furniture. We are currently going into each country and submitting our pricing list for each country. We are hopeful that at least by the beginning of next year, our bulbs should be in almost all of these stores,” she said.
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...