Senwelo returns interest in Chiefs
Friday, November 11, 2022 | 310 Views |
Still keen: Senwelo wants a stake at Chiefs PIC: KENNEDY RAMOKONE
The youthful entrepreneur had shown interest during the off-season to acquire 70% of the Kgatleng giants' stake.
Among his long list of promises then, Senwelo said he would buy a Premier League status, build a 10,000-capacity mini stadium and set up a management company to run the club's affairs among others.
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...