SPEDU avails land for entrepreneurs
Friday, February 12, 2016
Mokubung
The plots, which were owned by the Selebi- Phikwe Town Council (SPTC), were last August handed over to SPEDU to spur the economic diversification of the region. SPEDU CEO, Mokubung Mokubung said they have 74 light industrial plots that are currently advertised for buying by local entrepreneurs that will be allocated in April 2016.
Mokubung said all sectors of the economy including mechanics, welding, transport services and agriculture are eligible to apply for the plots as they are not limited to any business sector.
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...