We cannot afford to drive away investors
Tuesday, July 14, 2015
He cited the unfriendly immigration laws as the main reason why the Chinese are not ready to commit to invest their resources in this country, so as to create the much needed sustainable jobs for Batswana.
With a population of over 1.2 billion, as well as the world’s second largest economy, China is obviously a very important country in the affairs of global economy. The country also has more billionaires than any other country.
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...