Stanbic Bank rewards local athletes
Tuesday, March 31, 2015
Godiraone Nthompe and Mema Tiango, the best performing local athletes in the men and women’s categories, were each presented with P5,000.
Speaking during the event Stanbic Bank client relations manager, Omphemetse Dube said the bank takes special interest in local sports development and in nurturing talent in Botswana.
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...