Motshwarakgole amongst TEEP beneficiaries
Tuesday, March 31, 2015
Motshwarakgole
TEEP is a multi-year programme of training, funding, and mentoring, designed to empower the next generation of African entrepreneurs.
The three beneficiaries, Lerato Motshwarakgole of Generations fame, Mavis Nduchwa and Chokwe Goitseone, are among the first 1,000 African entrepreneurs who were drawn from various industries ranging from agriculture and education to fashion and ICT.
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...