Regional chamber of commerce makes headway
Tuesday, December 19, 2017
The establishment of the chamber of commerce has also contributed immensely in changing the business community’s perception towards SPEDU as evidenced by their response to the recent SPEDU engagement with stakeholders here.
The regional chamber of commerce was officially registered in February this year under the name ‘Regional Business Voice Association’ and it is the first to be registered around the country. It comprises constituencies that fall within the SPEDU region. Currently, the association is run by a volunteer interim committee that is now involved in mobilising the business community around the villages. The business community will then be categorised according to their sectors. Each sector will then appoint a leadership. Chairpersons from all the 10 sectors will then constitute the body of the chamber and elect the association president.
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...