New twist to Delta dairies saga
Monday, October 13, 2014
Howard Sigwele
De Lange says he was with the liquidator on Thursday the day before the story appeared, when CEDA assured them that they terminated all discussions of a sell back with Sigwele after the company was put under provisional liquidation on August 20.
John Little of Corporate Services is the provisional liquidator.
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...