Connect with us

Business

Young graduate beads while job hunting

Published

on

Agang Bakwena, 23, has decided to venture into small business to avoid becoming a statistic among the 87 000 unemployed graduates in the country. Bakwena holds a Degree in Business Entrepreneurship and Leadership, yet to graduate from Botswana Accountancy College (BAC) soon and she is of the view that small businesses are much better than awaiting jobs.

The young entrepreneur utilised an opportunity at the recent Pottery and Beading workshop organised for women in Jwaneng. She took part in beading and immediately learnt her lesson so well which she says will sustain her in future. “This is going to be my part time job while I continue with job hunting. I have decided to use the skills acquired from the course because I have learnt how to manage a business,” she said. She is grateful to Jwaneng mine for bringing such an opportunity to change people’s lives.

“Staying at home doing nothing really pains because as graduates we end up giving up in life forgetting that we can still improve the economy of the country than depending on our qualifications and government jobs,” she said adding that young graduates should stand up to do something that could bring in money and change lives. She caught Sun Business’ attention with her ready-made work which she learnt just in one day. Her teacher, Siphiwe Mushabi said that she started beading in 2008, when she realised that locals buy these products from South Africa.

“If we unite and continue beading different products we might as well open a trust and also export like other countries and even sell to tourists,” she said adding that Debswana touches their lives in different ways. Bakwena has already taken in some orders. As the starting point she will be focusing on neck pieces and head ropes. “I have already noticed that these two are in high demand in the market so far. So I will be doing ear rings and wrist bands only if someone orders them,” she explained.

Continue Reading
Comments

Business

BSE complies with reporting guidelines

Published

on

Botswana Stock Exchange Limited (BSEL) has become the 5th bourse in Africa to comply and publish Environment, Social and Governance (ESG) reporting guidelines.

The development comes a year after BSEL became a partner exchange of the United Nations Sustainable Stock Exchange (SSE) Initiative.“The BSE made a commitment to publish guidance on ESG Reporting. This commitment has been fulfilled.“

We are the 42nd among the 81 SSE Partner Exchanges globally and the 5th in Africa to do this,” said Kgotla Segwe, Market Development Specialist at Botswana Stock Exchange Limited.
Other stock exchanges that have complied with the SSE initiative on the continent are from South Africa, Nigeria, Morocco and Egypt.

Continue Reading

Business

Mobile operators look to digital inclusion

Keikantse Lesemela

Published

on

Mascom MD Jose Couciero.

Mascom Chief Executive, Jose Couciero said they are looking into digital inclusion as the potential source of revenue growth because mobile subscription is no longer a major driver.

Botswana has one of the highest records of mobile penetration in Africa at 176 percent, Internet users’ stand at 21.4 percent while the fixed line telephony services stand at 8.2 percent. “As the Botswana mobile market evolves, we observe that mobile subscriber growth alone is no longer a major driver for revenue growth. Rather, the potential for the market is in digital inclusion through access to mobile and fixed broadband,” Couciero.

He said they have invested significantly in deploying their own transmission backbone and Metropolitan fibre rings to prepare their business to enter the residential markets with bundle offers of Internet, voice and content. “I am excited to confirm that we now offer fixed broadband services using both fibre and 4.5G wireless technology. These technologies offer high speed internet for TV live streaming and online games without interruptions,” he said.

Meanwhile, the government owned Botswana Telecommunications Corporation Limited (BTCL) observed the increased usage of social media platforms which has negatively affected the traditional voice call services resulting in decreased turnover for the company. Recently, BTCL Managing Director, Anthony Masunga also highlighted that competition in the telecommunications sector continued to intensify with the entry of new internet service providers leading to a downward pressure on prices.

On the other hand, another competitor, Orange Botswana is currently constructing a data centre which will enable the company to offer telecommunication and internet services without interruptions. The Orange Data Centre will cover 81% of the population with the 2G technology, 62% of the population with 3G technology and 45% of the population with 4G technology, offering the greater levels of security, flexibility and accessibility to data and information around the world.

Continue Reading

Trending