Informal sector indicate indifference to budget speech
Friday, January 30, 2015
Mawila. PIC: LINDIWE MOZOLA
In a snap survey, informal traders indicated that they did not understand how the state anticipates future incomes as well as spending for the benefit of the country.
Shatisani Thapelo, a street vendor in Francistown told Mmegi that she has no interest in the budget speech and believes it only concerns the formal sector.
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...