Debt Recovery Agency Rehabilitates Indebted Batswana
Monday, May 28, 2018
Elliot Moshoke PIC:MORERI SEJAKGOMO
An entrepreneur with a legal and finance background, Elliot Moshoke saw it as an opportunity to start a debt recovery company called Real Debt Recovery, which helps corporates recover their debts and offers rehabilitation to the debtors.
“Passion drove me to start this company about 16 years ago because I realised that people struggled to collect debt and mostly do not have sufficient time to focus on them, hence the reason why I decided that I can intervene and do that on their behalf,” he 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...