Safdico sees Botswana as world's next international diamond centre
Friday, September 13, 2019
Moses has a distinguished career in banking. PIC: MORERI SEJAKGOMO
In this tete a tete, Safdico International Resident Director, Rutang Moses recaps to BusinessWeek the successes and challenges encountered since the launch of the DTP in 2009 and expounds on the company’s plans to become a key catalyst of the next growth phase of the diamond industry downstream activities.
BusinessWeek: Please take us through how the idea of developing DTP was conceived?
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...