Informal sector indicate indifference to budget speech

Mawila. PIC: LINDIWE MOZOLA
Mawila. PIC: LINDIWE MOZOLA

FRANCISTOWN: On Monday members of the public will eagerly wait for the Minister of Finance and Development Planning Kenneth Matambo, to deliver the 2015/16, budget speech. However, some people in the informal sector have shown no interest in the fiscal announcement.

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.

Editor's Comment
Micro-procurement maze demands urgent reform

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...

Have a Story? Send Us a tip
arrow up