Global Expo officially kicks off
Wednesday, November 02, 2022 | 800 Views |
Officiating: Masisi at the Global Expo earlier today PIC: BITC FACEBOOK
Speaking at the launch earlier today, Masisi said whilst trading in commodities has carried the country thus far, Botswana needs to recognise that the next growth phase requires restructuring of the economy and the development of value chains, driven by technological transformation.
“To this effect, my government has adopted an ambitious digitalisation strategy to transfer the economy and improve the livelihoods of our people. We are at the forefront of creating digital infrastructure driven by our Digital Transformation Strategy, SmartBots,” 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...