Stanbic facilitates PPP model growth in Botswana
Friday, April 28, 2017
Stanbic executives and panelists at the PPP conference
The engagement drew on insights from completed PPP projects across the African region as a means towards further growth of the economy.
Held at the GICC, the conference brought together key players across different sectors to explore PPP opportunities in the recently commenced Botswana National Development Plan (NDP) 11.
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...