Choppies dangles P1 million Olympic bounty
Wednesday, June 29, 2016
Choppies Group chief executive officer, Ramachandran Ottapathu addressing the press yesterday PIC: KENNEDY RAMOKONE
The Olympic Games take place from August 5-21 in Rio de Janeiro, Brazil. Choppies group chief executive officer, Ramachandran Ottapathu made the big announcement at a press conference in Gaborone yesterday.
Ottapathu said the gold medal winners will pocket P1 million cash prize each, silver medallists P500,000 while third spot guarantees a still handsome P250,000.
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...