EU-Botswana business forum headlines Global Expo
Monday, October 09, 2023 | 810 Views |
Kgafela PIC: PHATSIMO KAPENG
The Botswana Investment and Trade Centre (BITC) will host the 17th Edition of the Expo under the theme ‘AfCFTA as a springboard for improved Intra-Africa trade’ and a key feature of this year’s edition will be the business forum which starts on Wednesday.
The Minister of Trade and Industry, Mmusi Kgafela said the EU-Botswana business forum offers locals an opportunity to explore new investment and trade opportunities between Botswana and European investors, private sector organisations, chamber of commerce, public institutions, policy makers and financial institutions.
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...