Stanbic Bank Takes Budget Reviews Across Country

Maun, Selebi-Phikwe and Francistown each welcomed successful National Budget Review engagements last week, courtesy of Stanbic Bank.

From  February 2-3, 2016, the bank engaged customers and key stakeholders within the respective locations to unpack the National Budget, driving the conversation of the National Budget beyond the city limits of Gaborone.

These reviews were held in collaboration with Business Botswana and in association with Accpro Accountants, University of Botswana Department of Economics and Motswedi Securities. 

Editor's Comment
Micro-procurement maze demands urgent reform

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...

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