Uncalculated risk dents the economy

Botswana is experiencing rapid growth financially, socially and physically that comes with many risks.

For the past years, the country has lost millions of Pula due to uncalculated risk management. This has been evidenced by the continued failing of construction infrastructures, which have led to government spending millions of Pula in constructing and repairing them with the hope that they will in turn contribute to the development of the country, thus boost the economy.

A good example is the failure of the construction of the Morupule B power plant. Stadia and buildings have also fallen apart just a few years after being built, which forced the government to spend more millions to repair the damage caused.

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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