No packages for BCL, TNMC employees
Tuesday, October 18, 2016
Reportedly briefing emotional TNMC employees at the Phoenix mine, the liquidator indicated that, “given the financial state of the BCL Group, it was not going to be possible for the mines to pay their stranded miners beyond the October salaries.”
Mmegi is informed that the liquidator and his team, that included Sebetela Sebetela from the Minerals Development Corporation Botswana (MDCB) and others from the BCL Group board, were reportedly reluctant to address the entire TNMC employees fearing for their security.
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...