mmegi

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
Our digital safety is in our hands

That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...

Have a Story? Send Us a tip
arrow up