Connect with us

Business

Women entrepreneurs celebrated

Published

on

Women’s Entrepreneurship Day (WED) held today (Wednesday) at Regent Select Hotel, is expected to celebrate the unwavering positives that women entrepreneurs bring to the global economy, as well as inspire and support future generations of women entrepreneurs. The day is intended to empower women and their businesses, as well as gather a think tank of women leaders, which will create an amplified message to expand businesses with social impact in communities locally and globally.

Hosted for the first time in Botswana, the day is historically held on November 19 each year during the Global Entrepreneurship Week. According to Regional Ambassador – WED Botswana, Gomolemo Madikgetla, the event takes the format of a roundtable discussion with presentations and a master class. Speakers and facilitators include; Magdeline Madibela: Head of UN Women, Victor Monggae: Hub Manager at Tokafala enterprise Development, Agang Tshosa: The Clicking Generation Co-Founder and Tony Elemelu Foundation alumni, Dr Roche Mambolo: Founding Director of the LORA Centre for Innovation and Entrepreneurship, Blaga Miteva: Opportunity Creator at Brand Engage and Lily Rakorong: CEO of HATAB.

The roundtable will bring to the fore issues of enteprise development, mentorship, inclusiveness, masterclass: entrepreneurs and catalytic innovation, entrepreneurship and the forth industrial revolution, pitching and speed networking, as well as the importance of scale and leadership, among others.WEB Botswana also promises to provide a platform in which prominent figures, leaders and experts will not only share success stories on a surface level, but also delve deeper into the implementation process of the work of women in business and for sustainability integration.

WED ignites women leaders, innovators, and entrepreneurs to initiate startups, drive economic expansion, and advance communities worldwide.The flagship UN event is live-streamed and celebrated in 144 countries and 110 universities and colleges celebrating Women’s Entrepreneurship Day internationally reaching over 1.4 million people. The WED mission is to empower the four billion women across the globe to be catalysts of change, and uplift the 250 million girls living in poverty globally. “In addition to our mission of empowerment, we are committed to gathering a think tank of inspiring women leaders who can amplify our message of expanding businesses with social-good initiatives in communities around the world.” FAST STATS Women perform 66 percent of the world’s work Only earn 10 percent of the world’s income Account for 85 percent of consumer purchases Control $20 trillion in worldwide spending

Continue Reading
Comments

Business

Matambo calls on financial sector to pick GDP

Published

on

Finance Minister, kenneth Matambo

Finance Minister Kenneth Matambo has announced that government is committed to support financial service sector to prop up the country’s Gross Domestic Product (GDP).

Currently contributing over 13 percent to GDP, Matambo said the sector has potential to increase its share. “Hence government’s interest in the sector,” said Matambo addressing delegates at the inaugural Botswana Insurance Holdings Limited (BIHL), Global Financial Summit.

The country has built a strong, resilient and fast growing financial sector underpinned by a robust regulatory framework. The finance minister who is expected to step down next year, noted that government’s commitment to the financial service sector has this year been buttressed by a number of laws passed in July relating to money laundering activities.

In addition, Matambo said the continued investment in the development of information, communication and technologies (ICTs) backbone infrastructure is also to support local banks’ rising appetite for online services.

The Minister said the country remains committed to maintaining micro-economic stability to spur private sector participation in the economy. “Our vision is to become a high income country by 2036,” said Matambo, challenging the private sector to step forward and help government to develop the country, bemoaning the low levels of financial inclusion and shallow domestic capital markets.

He said the private sector should come up with more initiatives to develop further the local capital markets. The Minister’s sentiments were also shared by Martin Davies, Managing Director for Emerging Markets and Africa at Deloitte who has challenged the country to start dealing with its low manufacturing value add.

“How do we start to diversify beyond the single commodity economy,” quizzed Davies, adding that manufacturing increase is vital for low inequality across the country.

“Inequality results in bad public policy, as the state starts to believe and think they have to intervene more,” said Davies, highlighting that the country needs to move away from the absolute concept of state drive growth. Meanwhile, minister Matambo has applauded the private sector for leading economic dialogue in the country through events such as the BIHL Global Finance Summit.

Continue Reading

Business

First Lady advises women entrepreneurs

Keikantse Lesemela

Published

on

First lady, Neo Masisi

First Lady, Neo Masisi has urged women entrepreneurs to bring change in the economic development of the country and the rest of Africa.

Speaking during the Lioness Lean in Africa breakfast on Friday, Masisi said women entrepreneurs are remarkable engines of economic growth and job creation. “I believe women entrepreneurs hold incredible potential and credentials on the continent because Africa has the highest percentage of women entrepreneurs in the world.

It is projected that millions of much needed jobs will be created over the next decade and these will be created predominantly through small businesses which are mostly run by women,” said Masisi.She highlighted that women entrepreneurs are also the most powerful engine for equitably distributing growth and they are also solutions for addressing inequality on the continent.

“It is a proven fact that for many generations, women understand the simple concept of barter and commerce. These are the role models of our past and our present and they will continue to inspire new generations to do more for business to grow,” she said.

The Lioness Lean In Breakfast Series brings together inspirational and successful women entrepreneurs to share, inspire and connect with the next generation of great women-led start-ups.

The platform is based on a breakfast networking and speaker presentation format, which has been organized in locations across the African continent for the past year by Lionesses of Africa, empowering over one million women entrepreneurs across the continent.

Stanbic Bank Botswana Head of Personal Markets, Omphemetse Dube said they are pleased to bring the Lionesses of Africa Lean In platform to Botswana once again to bring together women entrepreneurs in the country and help to nurture their growth further.

“Botswana is blessed with a number of thriving female entrepreneurs, and the potential for the next generation of talent is strong. Platforms such as this are therefore paramount in growing the cause and we as a bank are proud to help champion that movement further,” said Dube.

Founder and CEO of Lionesses of Africa,Melanie Hawken noted that Gaborone is a growing and exciting centre for women’s entrepreneurship in Africa. “This is a must-attend event for women entrepreneurs in the country as it gives them the opportunity to hear the inspiring entrepreneurial stories of women who are building great businesses here,” she said.

The annual Lionesses of Africa event allows entrepreneurs to benefit from the insights and advice of women entrepreneurs who have seen and experienced it all and to also provide an excellent opportunity for networking.

Continue Reading

Trending