Township Rollers ruling could discourage investors
Monday, August 10, 2015
While on the surface it may look like the ruling puts the club safely in the hands of the people and safeguards exploitation, in truth the ruling can have adverse effects on the prospects of Botswana’s elite clubs and Botswana football’s prospects of growth; more especially its potential to attract investors who could help in turning the local football professional.
The ruling comes in the backdrop of several leading clubs turning professional and in the process attracting investors who have ploughed in millions of Pula.
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...