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KBL returns Kickstart funding initiative

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Kgalagadi Breweries Limited will start inviting applications for its revamped Kickstart initiative which funds youth aged between 18 and 30 years, The Midweek Sun has learnt.

Today, the company which produces soft drinks and clear beer was expected to take the media on a tour of some of kickstart beneficiaries in Gaborone. Minister of Investment, Trade and Industry, Bogolo Kenewendo is expected to officially launch the revised initiative this afternoon at the KBL’s Broadhurst offices. The program was suspended a few years ago due to lack of funds, among other reasons.

Before the program was put on ice, it had benefited over 70 small medium enterprises with funding, mentoring and market access assistance. Speaking to the press last year, KBL Managing Director, Beauchamp, said P1, 5 million has been set aside for this program on annual basis.

“We plan to invest in 15 new businesses every year,” he said at a press briefing which also announced a price reduction for its alcohol brands such as St Louis, Castel Lite and Black Label.

Successful applicants will receive about P200, 000 grants to execute their business ideas. Beauchamp stated that they have been able to reintroduce Kickstart from ‘freed capital’ as a result of the recent reduction in Alcohol Levy from 55 percent to 35 percent by the President Mokgweetsi Masisi regime.

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Church distances itself from Pastor who livestreamed his suicide

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Head Pastor at Metsimotlhabe Holiness Union Church France Koosimile has distanced his church from Phenyo Godfrey who committed suicide live on social media a week ago. Speaking to this publication this week, Koosimile said Godfrey was never a Pastor at Holiness church as assumed by many.

Godfrey, who goes by the name Bishop P Godfrey on social media, allegedly shot a video of himself committing suicide on Sunday evening. According to a few friends and those close to Godfrey, the deceased was from Molepolole and has been identified as a pastor at Holiness Union Church in Metsimotlhabe.

On the evening  of Sunday last week, he went live on Facebook and proceeded to put a rope around his neck. He was seen in the short video hanging by the neck until he took his last breath. TO READ THE FULL STORY, BUY THIS WEEK’S (11 August 2021)  PRINT EDITION OF THE MIDWEEK SUN AT A STORE NEAR YOU.

 

 

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Women challenged to step-up food production

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National Development Bank CEO, Lorato Morapedi has challenged women to take up more agribusiness ventures to cut down on the country’s food import bill.
With an annual P7 billion food import bill hanging over the country, Morapedi said women can significantly trim it down. “We need to get out of our comfort zones, let’s open our eyes and seize the opportunities,” said Morapedi, adding that women need to work in groups.
She emphasized that women should leverage on collective expertise found in clusters to grow the country’s food production sector.
“Grab the opportunities that exist with the food value chain,” she said, citing that women have been hard-hit by COVID-19 in their endeavors to put food on the table.
She further implored women not to shy away from finance development institutions (FDIs) to finance their projects. Morapedi bemoaned that a handful people are willing to go into food production despite the high import food bill that the country faces.
Very few people are doing food production; people are lazy to go into food production,” said Morapedi. She also highlighted that the country’s major supplier, South Africa is also not coping as COVID-19 challenges unravel.
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