Sedimo's entrepreneurial plan gathers pace
Monday, June 06, 2022 | 490 Views |
Boots
Sedimo told Business Monitor that he started his business repairing shoes in the backyard of his parents’ home in Francistown. “I used to get piece jobs and used the money I was paid to buy the materials to start my business. The clients kept rolling in. Most wanted to repair their shoes. I had to redo some of these shoes, which unearthed another talent in me. I then developed an interest in manufacturing shoes,” he said. Sedimo then channelled his energy into making sandals and was surprised that people were impressed with the outcome.
He then approached the Ministry of Youth, Gender, Sport, and Culture to get funding and was successfully granted P50,000 under the Youth Development Fund.
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...