Barclays injects P7.2million into BPL
Friday, August 16, 2019
President Masisi (left) was on hand to witness the launch PIC: KENNEDY RAMOKONE
The commercial bank joins Botswana Telecommunications Cooperation (BTC) as the main sponsors for the elite league.
However, BTC will remain as the league’s title sponsor as they enter the final of the three-year deal with the Botswana Football Association (BFA). Speaking at the sponsorship launch on Wednesday, Barclays Bank of Botswana board chairperson Oduetse Motshidisi said the bank has committed to the development of sport in the country.
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...