CA Sales Eyes Regional Expansion
Monday, September 09, 2019
CA Sales
Announcing financial results for the six months ended in June, CA Sales CEO, Duncan Lewis, said the group will continue its expansion by growing the principal and customer networks thus making value-adding acquisitions.
Currently the group has a diverse geographical presence across Southern Africa and operates in Botswana, Lesotho, Mozambique, Namibia, South Africa, Swaziland, Zambia and Zimbabwe.
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...