Stanbic Investments sponsors graduates internship
Wednesday, June 27, 2007
The two, 23-year-old Kushatha Chilisa and 22-year-old Thato Gaebepe, are being sponsored by Stanbic Investments Botswana for 12 months, but will not have to join the company on completion of the attachment.
The chief executive officer for Stanbic Investments Botswana, Leina Gabaraane, says they have embraced Governments call for public-private partnerships (PPPs).
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...