Bureaucracy stifling youth enterprise – CEDA CEO
Friday, May 12, 2023 | 200 Views |
Cutting red tape: Thamane says bureaucracy is overburdening
youth enterprise PIC: PHATSIMO KAPENG
Thamane was speaking at the recently ended Botswana-EU policy dialogue hosted by the Citizen Entrepreneurship Development Agency (CEDA). The event was designed to engage with stakeholders across the economic divide to debate how affirmative action can be used to boost youth’s economic participation.
Much of the debate was on how to improving the participation of young people in the country’s economic activity.
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...