Connect with us

Business

Women make strides in business

Published

on

Local women entrepreneurs gathered to share their success stories in penetrating the international markets despite the challenges. Speaking during the Lionesses of Africa breakfast seminar hosted by Stanbic Bank Botswana, Sleek Food Founder and Director, Nkata Seleka said running a successful business does not require a lot of money to start but it requires ambition. Her company recently penetrated the international market by winning a tender to supply the Multinational Franchise, KFC with Chakalaka relish.

She started the company in 2010 and is currently operating from the Local Enterprise Authority (LEA) Pilane Multi-Purpose Incubator. The company produces self-developed condiments, an assortment of relish, in different flavours made from locally produced vegetables. Seleka started selling her products at small events such as parties, family fun day events and individuals and later started to supply the local retailers such as Choppies, Sefalana, Spar and Pick & Pay. “I was so determined to grow this business.

I knocked on all these retail shops and never took a no for an answer. Retail was my start, my dream was to become the international brand,” she said. Founder of RH Diamonds, Rutang Moses said she has always dreamt of working in international organisations. After working for 13 years in various organisations she realised that she can own a company and work for herself.

She then registered her company last year. She said she chose the diamond sector because it is a sector which drives the economy of Botswana and it is mostly dominated by men. Through her company she wants to partner with international investors and also attract them to buy rough diamonds in Botswana.

“I have always dreamt of big things when I was young and I managed to penetrate the international job market and now I am working for myself and my company deals with international investors, everything is possible when you believe in yourself,” said Moses. Botswana Insurance Holdings Limited (BIHL) Group Chief Executive Officer, Catherine Lesetedi said mentorship is important for any entrepreneur as many challenges exist on the way. “Mentorship and coaching is important as it will help you to focus and be disciplined and also be strong to face the challenges,” she said.

She grew up with dreams to do big things and she continues to believe that she can do big tasks and succeed. Lioness of Africa is an online platform where successful women entrepreneurs from across the African continent share their stories and encourage others to work hard to take their businesses to the international markets. Stanbic Bank Botswana Head of Personal Markets, Omphemetse Dube said the bank is delighted to partner with Lionesses of Africa as they are committed to supporting women and ensuring that they take part in economic development.

“This is premised on the belief that we have a great wealth of talent in Botswana when it comes to women entrepreneurs, there is much to be done however in acknowledging, celebrating and empowering these women further,” she said. She said the bank continues to build on their existing efforts to support women including Women In Business Association (WIBA) through engagement with Lionesses of Africa.

Continue Reading
Comments

Business

SMEs benefit from Consumer Fair growth

Published

on

The Botswana Investment and Trade Centre (BITC) has applauded Botswana Consumer Fair’s continued efforts to improve small to medium enterprises’ linkages.

BITC Chief Executive Officer, Keletsositse Olebile, when opening the fair, said the event has provided interactive forum for both local and foreign exhibitors. He said the shopping show has enabled manufacturers, wholesalers and traders to market their products directly to consumers, an alignment to government’s endeavors.

“As part of government intention, we continually encourage local sourcing by retailers and distributors,” said Olebile who is just few months into his new post. He further celebrated the growth of Botswana Consumer Fair over the years, attributing the expansion to quality of goods displayed at the previous shows.“Improved quality and increased variety of wares increases the interest of the visitors and makes them look forward to returning the following year,” said Olebile.

This year’s exhibitors at the 13th event still running under the banner: ‘It is more than just shopping’ have been drawn from Lesotho, Zambia, Swaziland, South Africa, Nigeria, Ghana, Kenya, Egypt, Japan, India, Tanzania and Zimbabwe.

Consumer Fair is a flagship event for Fairgrounds Holdings and provides a platform for small medium enterprises (SMEs) from the different sectors of the economy to showcase and promote their products and services. In addition, the SMEs are expected to establish long term business linkages and promote local manufactured goods.Fairgrounds Holdings is already optimistic that the Fair immensely contribute to the socio-economic development of the country through supporting SMEs.

Continue Reading

Business

‘Involve SMMEs in standards development’-Minister

Keikantse Lesemela

Published

on

Minister of Investment, Trade and Industry, Bogolo Kenewendo appealed to Botswana Bureau of Standards (BOBS) to include the Small, Medium and Micro Enterprises (SMMEs) when developing the standards to improve the sector.

She said the Ministry of Investment, Trade and Industry has identified three areas of focus going forward which are modeled on SMME development, investment promotion and export development apexes. “I would like to implore you to include this sector in standards development processes and assist in improving SMMEs conformity to standards and compliance to technical regulations,” said Kenewendo.

Speaking during the BOBS Technical Committee Members appreciation ceremony on Thursday, Kenewendo explained that the important roles of standards are underpinned by the aspirations and intentions espoused in both diversified export led economic growth and job creation as priority areas. “It goes without saying that the diversification of the economy requires a National Quality Infrastructure and Technical Regulatory Framework that promote competitiveness of Botswana goods and services.”

She also emphasized that an effective National Quality Infrastructure and Technical Regulatory Framework are essential as they provide crucial links to global trade, market access and export competitiveness through their contribution to consumer confidence in product safety, quality and the environment.Since inception in 1997 BOBS has published more than 1700 standards through 48 technical committees across several sectors of the economy; 109 certification licences have been issued against some of these standards. Currently 46 Botswana Standards are being implemented through the standards regulations with a view to protecting the health and safety of consumers as well as protection of the environment.

On her note, BOBS Vice Chairperson of the Standards Council, Professor Edward Dintwa said standards are powerful tools for helping organisations that implement them to realize their potential, have access and compete in the global marketplace. “In this highly competitive and complex world, issues of sustainability and productivity, viewed from economic, environmental and societal perspectives require that businesses must be more efficient in their operations, which can be achieved through the implementation of standards”.

Continue Reading

Trending