Khato, South Zambezi announce themselves to Africa
Monday, December 18, 2017
Executive Director of Khato Holdings Simbi Phiri
“We are coming, and we are coming fast!”, bellowed the executive director of Khato Holdings Simbi Phiri as he launched his companies to the continent in grand fashion as the guests from the various corners of Africa were treated to a well packaged short film of Khato and South Zambezi's objectives and vision for Africa.
At the grand event stakeholders that included representatives of governments were also shown around the various divisions and capabilities of Khato Civils and South Zambezi to further emphasize their glittering profile as simply in the category of the very best in South Africa and that the Simbi Phiri owned companies are not a front of some white owned entities, in case there is any doubt
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...