Game City expansion nears completion
Thursday, October 27, 2016
Game City.PIC MORERI SEJAKGOMO
The developments include additional retail space, which has a fashion avenue, restaurant area, including a food court, entertainment area and a parkade.
According to the group’s managing director, Gulaam Abdoola the additional space is almost completely pre-let. The project is financed through a long-term loan of P250 million from Rand Merchant Bank (RMB) Botswana. The group also announced that the development of Phase three, Mlimani City Tanzania is nearing completion. Mlimani City is being expanded to include additional retail and commercial spaces including basement parking, additions to the conference centre and a botanical garden.
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...