Financial report haunts BOKA
Friday, September 22, 2023 | 40 Views |
House at war: BOKA delegates during an AGM PIC: PHATSIMO KAPENG
It has been years since the BOKA financial report was presented, which has led to the downfall of the former president, Tshepho Bathai. This time around, the absence of the treasurer, Kemmonye Seletamotse, prevented the financial report from being presented and BOKA president Mpho Bakwadi explained the delay.
"The report is not ready. All I request is to be given three weeks to prepare it. Remember that we came into office in January, so we are going to account for three months. We had a challenge accessing the bank statement from the last financial year," he said. However, Bakwadi told Mmegi Sport on Wednesday that the treasurer was actively working on the report.
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...