Tribunal rules in Zakhem's favour
Friday, May 17, 2024 | 690 Views |
Clapping hands: The BFA Tribunal ruled in Zakhem’s favour PIC: KENNEDY RAMOKONE
Zakhem had taken the BFL and shareholders, Masitaoka's Godfrey Ratlhaga and TAFIC's Tumelo Toteng before the Arbitration Tribunal for holding what he argued was an illegal meeting.
The gathering held in Palapye on December 16, 2023, was meant to oust Zakhem and BFL board member, Jagdish Shah.
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...