Private sector awards launched
Monday, August 24, 2015
Maria Machailo Ellis.PIC.MORERI SEJAKGOMO
The ‘Private Business Growth Awards’ will be held in October this year and are open to every Business Botswana member who has been operating for more than three years.
Other selection criteria include private businesses that have improved in financial measures such as profitability and revenue growth as well those that have helped employees learn and develop.
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...