Mascom Phikwe marathon, a cash cow for the SMMEs
Friday, July 02, 2010
Speaking during a meeting with the small business owners on Tuesday this week, Selebi-Phikwe Town Council Public Relations Officer, Ogomoditse Gaokgethelwe who is also a member of the Local Organising Committee (LOC) said small businesses are expected to make a 'killing' during the event. She explained that SMMEs will have an opportunity to market and sell their products to the people who will grace the marathon, which is the only big sporting event that brings a large number of spectators and participants to Selebi-Phikwe.
Gaokgethelwe said it is the first time the LOC has organised a flea market during the marathon, as a way of extending the benefits of the events to small businesses. She explained that the council has bought stalls for them at the flea market.
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...