Platinum Icon: Palapye newest multimillion pula mall
Friday, April 13, 2018
Platinum Icon is the latest in a clutch of malls in Palapye
Platinum Icon Mall is due to open in November and will compete with the three other brand new malls here, all located along the A1 highway. Platinum Icon is situated between Lotsane Bridge and Palapye Trust Mall.
Caitec Construction Company, which is building the 15,000-square metre complex, also handled the construction of Palapye Junction Mall. Platinum Icon is being built on six hectares of land and will feature an initial 24 units, that developers say can be increased in line with interest from the clients.
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...