Broke BPL blows budget
Thursday, March 24, 2016
The situation is said to have affected some Premier League clubs financially who have for sometime been operating under difficult conditions. “Some of the clubs as you are aware are struggling financially because they do not have sponsors.
They also do not make any meaningful amount from gate takings. The grants have been helpful although not much, but we have not been getting that for sometime now,” a source revealed to Mmegi Sport.
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...