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Dos and don’ts of financing gov’t tender purchase orders

Art of the deal: The author cautions on the sources of funding for government purchase orders PIC: MORERI SEJAKGOMO
Art of the deal: The author cautions on the sources of funding for government purchase orders PIC: MORERI SEJAKGOMO

During his delivery of the State of the Nation Address (SONA) late last year, President Mokgweetsi Masisi proclaimed that “Entrepreneurship is one of the key approaches for empowering young Batswana. Government has spent over P334 million since 2019, by procuring services from 2,053 youth-owned businesses.

This is in line with our policy of youth affirmative action which includes among others, 15% preference margin on general tenders and 20% in micro procurement”.

Despite efforts by government to make the business environment conducive, it remains unforgiving and an uphill challenge and far worse for young people from disadvantaged backgrounds. The only way one is to survive is through sheer will and tempting fate with your purpose in the face of insurmountable odds.

Editor's Comment
A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

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