Letshwiti fumes as BFA faces P2.5m debt
Wednesday, November 29, 2017
Not happy:Letshwiti
The development has irked BFA president Maclean Letshwiti, who says action will be taken after the company had initially agreed to discount the debt.
“BFA is a public organisation and these are public funds, and it is only logical that people should be brought to book and account,” Letshwiti said.
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...