Business awards urged to broaden scope
Friday, October 30, 2015
Business award winner PIC: KABO MPAETONA
Former vice president, Ponatshego Kedikilwe said this recently at the inaugural Private Business Growth Award where Sprint Couriers emerged as the winners.
The awards were organised by Grant Thornton in collaboration with Business 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...