Phakalane Estate aims to expand
Monday, January 31, 2022 | 2610 Views |
Phakalane Location
Founded 30 years ago by David Magang, Phakalane Estates came from humble beginnings to rapidly expand into developing one of the most desirable neighbourhoods in the country.
To mark the 30th anniversary, the estates invested over P45 million on major renovations to the Golf Estate properties namely the hotel, golf course, and conference centre.
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...