CCA, BNPC sign MoU
Friday, May 13, 2022 | 230 Views |
Inked deal: Majaule and Modongo at the MoU signing PIC: KENNEDY RAMOKONE
Through the MoU, the two entities will share information on research findings that have a bearing on productivity and competitiveness, joint policy briefs and advocacy programmes about constraints on competition, and regional and international competitiveness.
Speaking at the signing ceremony this week, BNPC acting General Manager Teedzani Majaule said the organisation recognised the growing need to continuously engage the CCA as the main consumer protection agency in the economy.
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...