Stanbic injects P250,000 into swimming championships
Friday, November 22, 2019
Taking a plunge:Botswana hosts the CANA Zone IV tournament early next year
The Championships are scheduled for February 20 to 23 at the University of Botswana swimming pool.
Speaking at the sponsorship launch in Gaborone on Wednesday, Stanbic Bank Botswana head of corporate investment banking, Shepherd Aisam said the bank has recognised that they had a role to play in the development of sport in the country after realisation that sport can be a career opportunity.
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...