Lucara Launches Contest For Local Jewellers
Monday, October 21, 2019
Naseem Lahri and Fish Pabalinga during press brieing. PIC: KENNEDY RAMOKONE
The competition, which started last Friday, will run till November 29.
Speaking during the launch last week, Lucara managing director, Naseem Lahri said they saw it befitting as a company to support and empower the creative talent.
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...