The Bank of Mum and Dad
Monday, November 23, 2015
How simple this process seems to a young child. Sarah does not understand what is really happening (and at her age who can blame her!) At some stage though, it is imperative that we teach our children the basics of money.
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...