Motswana woman to head Stanbic Bank Africa unit
Thursday, July 30, 2009
According to a statement, the move is in line with Stanbic Bank's active involvement in spearheading a culture of skills development. "Stanbic Bank, in line with (the) Standard Bank Group, has a philosophy to identify talent in any of the 17 franchises," says the statement, quoting Stanbic Bank Botswana MD, Leina Gabaraane.
"Outstanding individuals are provided an opportunity for further career advancement. Jessica meets the set criteria." Tasha Ferreira, Stanbic Bank Executive Director, says Gadimang has exhibited such versatility, tenacity and maturity over the years at Stanbic Bank Botswana that she attracted higher accolades.
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...