Nako Timepieces hits first anniversary milestone
Friday, November 15, 2019
Co-founder of Nako Timepieces, Mothibedi (left) with American rapper, Common
The brand’s genuine leather watches under, made for both men and women, have gained popularity both locally and internationally.
One of the co-founders, Gabriel Mothibedi, told Arts & Culture that their brand recognition has gone from regional (Southern Africa), to the rest of the African continent including countries such as Australia, North America and Europe. He added that they get a lot of purchases from Batswana and Africans in the diaspora.
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...