Chiefs defend 10-year DC Tours deal
Friday, February 10, 2023 | 370 Views |
Mochudi Centre Chiefs PIC: PHATSIMO KAPENG.
Ingratiatingly, Kobe said most cannot be paid in a short period hence the decision to enter a long-term agreement with DC Tours. Last week, the two parties announced a 10-year sponsorship worth P68 million.
The deal drew pessimism from the football family, expressing doubt over the sustainability of the deal, with many saying it is ‘too good to be true’. "However, the reality is no one was ready for this change and therefore expect all the negative and positive energy on the matter," Kobe 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...