SMME Pitso to debut in Francistown
Friday, February 22, 2019
Moatshe awarding Matlhogonolo Gaotshabelwe a certificate after she has completed the liquid detergent-making training in Francistown PIC: LESEDI MKHUTSHWA
The eagerly awaited three-day event is scheduled to run from March 27 to 30, 2019 at the Francistown Industrial Business Incubator under the theme ‘Empowering SMMEs in Pursuit of Business Development and Economic Diversification’.
Addressing graduates of liquid detergents-making programme on Monday, Moatshe said SMMEs were critical in the economy, hence the need to spread the efforts to develop them throughout the country. “SMMEs are the journey of growth for every economy because they create jobs, which is why for the first time ever, we are going to host the SMME Pitso and Fair in the second city,” he said.
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...