LEA hamstrung by funding shortages

Matome
Matome

Local Enterprise Authority (LEA) CEO, Tebogo Matome says his organisation managed to register and train a record number of entrepreneurial businesses in the past 12 months despite operational constraints exacted by underfunding.

Briefing editors forum in Gaborone yesterday, Matome says in spite of the funding gap, LEA registered and trained 102 Small and Medium Enterprises (SME) in the year upto March 2015 against a target of 41.

In the period, 4,995 micro enterprises were registered against a target of 1,760.

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...

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