Kgosi�s acquisition of shares is legit
Friday, January 09, 2015
Kgosi
Last month a certain Liver Tembo wrote a rather over-cooked rebuttal, in the Weekend Post, to a series of allegations published in various newspapers where his identity was mixed up with that of a certain Harry Tembo, who died in Phakalane under mysterious circumstances a couple of years ago.
It turns out that the Tembo who died is not the same Tembo who was engaged as a building contractor for Kgosi's house located in Phakalane as was persistently reported, erroneously, in the press. Interestingly enough, even after this clarification was made none of the newspapers concerned, including this one, acknowledged that they were wrong.
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...