BP and Castrol fuel 2010 World Cup
Friday, November 14, 2008
With 573 days remaining before the World Cup comes to Africa for the first time, BP and Castrol said that it is important for them to brief the media on their role in the event. Journalists from South Africa, Tanzania, Botswana, Namibia and Zimbabwe attended the briefing and were treated to a fun-filled day in the South African capital.
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...