Organisers eye youth games economic boost
Friday, January 24, 2014
Botswana Africa Youth Games Organising Committee (BAYGOC) CEO, Tuelo Serufho told Business Week that they are engaging University of Botswana experts to quantify the money that will be channelled into the economy from the event.
"We have already booked 3,000 rooms for the participants that we are accountable for, and we are monitoring the situation. There are another 1,000 extra rooms that can be added," 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...