LEA opens up to other sectors of the economy
Friday, April 25, 2014
Matome
Speaking at the SMME Pitso yesterday, LEA board chairman, Batlhatswi Tsayang said in the just ended financial year of 2013/2014, the Authority conducted research, which was aimed at identifying and assessing business opportunities in the different regions across the country, to sift out areas of economic activity, which can give a competitive edge to each region.
“Opportunities in these regions have been identified and will be shared with Botswana’s entrepreneurs for their uptake,” 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...