BFL to unveil new CEO
Monday, February 27, 2023 | 230 Views |
New man in charge: Mbatha
The BFL was left without a CEO after Solomon Ramochotlhwane was forced to resign in October. Following pressure from the board, Ramochotlhwane had no option but to leave office.
Operations manager, Patrick Motsepe has been holding fort since Ramochotlhwane’s departure. The BFL has been on a recruitment drive, which saw local candidates, Olebile Sikwane and Tiro Kganela enter the race but fall by the wayside.
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...