Mmegi

UDC maiden budget attracts mixed reaction

Meeting of minds: Access Bank Botswana officials and other delegates at the budget review in Francistown
Meeting of minds: Access Bank Botswana officials and other delegates at the budget review in Francistown

FRANCISTOWN: The business community and experts here have responded with mixed reactions to the Umbrella for Democratic Change's (UDC) maiden budget speech.

The business community and experts shared their opinions during Access Bank Botswana’s inaugural Post Budget Speech breakfast seminar held in partnership with AccPro and Kgori Capital.

The bank’s new chair, Boiki Tema, said that collaboration between the private sector and the government will be essential in unlocking Botswana’s full potential.

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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