Peermont reopens casinos after takeover
Wednesday, December 12, 2007
A press release from the hospitality group stated that the casinos opened for business on December 2, 2007. The Regional Chief Operating Officer of Peermont (Botswana), Bruce Page-Wood, said in the statement that both casinos have been renamed after buying them from Admiral Casinos last July.
The Francistown casino has been renamed Sedibeng Casino, while the one in Selebi-Phikwe has been renamed Syringa Casino.
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...