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Calls to improve crop yields with technology

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Greenhouse Technologies managing director, Amanda Masire has urged entrepreneurs to venture into agriculture as it is a lucrative business and more beneficial to the national economic development, despite climate change challenges.

Speaking to Business Trends, Masire said there is a need for more training and knowledge on modern agriculture technologies for the country to have sustainable food production. “I am passionate about agriculture and food production. I want to help my country to produce food for itself and reduce dependency on imports. I have learnt that despite all the challenges of climate change, we can still produce our own food through the use of modern technologies,” said Masire.

Masire is an agri-business developer, specializing in horticulture, beekeeping and fish farming. She currently operates Greenhouse Farmers Academy offering training and mentorship on horticulture farming. “Agriculture is the most lucrative business that young people should be looking into. Currently, we depend much on South Africa. We should rise up and develop the sector because as Batswana we have rich land that we are not utilising.” Her services include horticulture starter kit, which includes business plans, lessons, fertilisers and all equipments necessary for a particular horticulture project.

She is currently working with the Ministry of Agriculture Development and Food Security to develop the ISPAAD Program. She said government would embrace modern farming technologies to improve food production. “Most Batswana have lands which they are currently not ploughing because of climate change conditions while the government gives out fertilizers and seeds every year to subsistence farmers yet there is no yield. I have come up with solutions, which include testing soil and supplying lime treatment to reduce acidity. This will help improve crop yield when adopted with other technologies,” she said.

Speaking during Stanbic Lionness Lean In Africa, Masire said with the challenges in the agriculture sector, Batswana should stop looking much into the problems and getting discouraged but should rather think of solutions. “Government is trying but we individuals also need to be innovative and assist government in improving food security. Young people should take opportunity of the agri-business market and reduce unemployment,” said Masire.

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6 Best Forex Trading Platforms for Botswana Traders

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Overview

A trading platform is software which is designed to be used for trading purposes. Whether it is the opening, closing, and managing market positions through a broker, which facilitates trades and connects Batswana traders to global markets.

For Batswana traders to get the most and best out of their trading, it is imperative to ensure that traders choose and use a trading platform which will provide the best, most dynamic trading experience and environment.

1.  AvaOptions

This is a proprietary and innovative trading platform developed by AvaTrade, one of the most popular Forex brokers in the industry.

With this trading platform, Batswana traders are provided with complete control over their portfolio. Traders have access to more than 40 Forex pairs and a variety of strategies, spreads, risk reversals, and more.

2.  MetaTrader 4

MetaTrader 4 is one of the most used and popular trading platforms in the industry and offers the trade of Forex amidst other financial instruments.

MetaTrader 4 is free to use on desktop, web, and mobile platforms, and offers traders with a variety of options such as three execution modes, a variety of orders, 30 built-in technical indicators, 24 graphical objects, and more.

3.  MetaTrader 5

MetaTrader 5, an upgrade from MetaTrader 4, is an institutional, multi-asset and multi-functional trading platform.

MetaTrader 5 is free for desktop, web, and mobile use and features MQL5 language, comprehensive price analysis, algorithmic trading options, the ability to open 100 currency or stock charts simultaneously, 80 technical indicators, and more.

4.  cTrader

cTrader is a powerful desktop application which provides Batswana traders with a dynamic, and unique approach towards charting, manual and automatic/algorithmic trading.

cTrader has a user-friendly interface with a community featuring 1000s of indicators, trading robots, and documented educational material in addition to cloud data, 24/7 support, a hi-tech design, and Full STP trading, amidst numerous other functions.

5.  Thinkorswim

Thinkorswim is an innovation of TD Ameritrade which was launched in 2009 and has gained a substantial amount of popularity in recent years.

The trading platform offers traders with access to multiple assets including Forex, options, futures, ETFs, and stocks.

It is a desktop-based platform which offers free research, screening tools, real-time data, and numerous features including access to more than 400 technical studies, 8 Fibonacci tools, the ability to analyse option volumes, strategy back testing capabilities, and more.

6.  ZuluTrade

ZuluTrade is one of the most popular social trading platforms in the industry which is designed for use by all types of traders, from beginners to professionals.

It allows for customization, back testing of strategies, margin call metres, and more. It is one of the most trusted social trading platforms by both brokers and traders alike.

Final Thoughts

It is imperative that Batswana traders get the best from their trading, and to ensure that they are able to refine and improve their trading strategies, trading styles, and other aspects of trading.

It is therefore necessary that Batswana traders make use of the best broker suited for their needs in addition to a top-quality trading platform.

Open a FREE Trading Account here

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Gov’t swiftly acts on BMC

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Government has moved swiftly to place Botswana Meat Commission under the care of a management firm; the move is meant to put the Commission into shape both operationally and financially.

This was disclosed by Finance and Economic Development Minister, Dr Thapelo Matsheka, further stating the BMC is technically insolvent despite having received nearly P1billion as a bailout in recent times. The new management company will run BMC, which is based in Lobatse starting on the 2020/2021 financial year.

The finance minister made it crystal clear that, the move to appoint a caretaker firm for BMC was made to protect the interests of all stakeholders, including farmers. According to Matsheka, the Minister of Agriculture Development and Food Security, Dr Edwin Dikoloti will provide more details on the BMC changes in due course during his committee of supply speech. Government is also proceeding with the conversion of BMC to a company under the Companies Act following the approval of BMC Transition Bill and subsequent repeal of the old Act.

The repealing of the BMC Act has since eliminated the monopoly of the Commission when it comes to beef and cattle export. The repeal has also enabled government to establish a beef regulator which will be responsible for regulating the beef and the cattle sector. “Another aspect of the transition is the ultimate privatization of BMC.

The objective of the privatization of BMC is, among others, to engage the private sector in the ownership and management of the BMC to achieve operational efficiency and profitability, as well as reduce Government’s future financial commitments in the entity. This would be an important process in the transformation of the beef and cattle sector,” noted Matsheka. BMC which is 100 percent owned by government has been operating with losses for many years due to internal and external challenges such as poor supply and Foot and Mouth Disease(FMD).

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