Of 'our' billions and backyard banking
Friday, June 28, 2019
Voters will again be asked to trust and believe this October
Legend has it that there was ululation and jubilee in the air as euphoria engulfed the dusty, economically insignificant then tiny nation of Bechuanaland.
Many submitted ‘she’ would become a charity case. Forgive my use of the word legend, I say this because it seems as though the so-called independence has not had any impact in the true sense of the word.
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...