Botswana Post has taken a positive turnaround performance in the revenue streams despite the negative impact brought by the use of technology tools. In its year ended March 2017, the organisation has reduced its loss position by 51.9 percent to P12.9 million compared to P27.4 million recorded last year. In its 2017 annual report Botswana Post Chief Executive, Cornelius Ramatlhakwane said the parastatal have managed to expand its revenue base despite the fact that the mail business has taken a large hit during the period. Mail revenues declined by 9.1 percent as many of our large institutional clients such as commercial banks and government agencies have migrated to electronic platforms. “We at Botswana Post see this setback as temporary.
We now have access to leading edge innovations such as Reverse Hybrid Mail, which will enable us to pivot and revive these relationships with the important clients we served for many years. Through technology we are able to recover these income streams and even grow them,” he said. He said Botswana post is currently halfway through its two year turnaround strategy (operational Efficiency Execution Plan) which began in the 2015/2016 financial year in which the operating losses reduced by 24.7 percent.
“Today Botswana Post finds itself in a par superior financial situation than any other time in our recent history,” said Ramatlhakwane.To diversify revenue streams Botswana Post leveraged on mobile technology and introduced the Botswana Post App (available for download on both Android and iOS devises). Ramatlhakwane said their growth plans go beyond Botswana. They are currently in the process of generating revenue streams from within the region by completing money transfers with other postal operators. The post is already transacting with Zimbabwe, South Africa, Lesotho and Swaziland. “We believe we can connect the entire region and will be in Malawi soon. Our intention is to do that and more, ultimately reaching out beyond the diaspora,” said Ramatlhakwane.The company is hoping to return to profitability when year ends results are announced next year after March 2018.
Cell City rewards customers
Cell City gave away two Toyota Hilux pick up cars worth about P300 000 and three Hisense televion sets worth P15 000 each to their customers through their annual competition.
In partnership with Hisense and Orange Botswana, Cell City conducts annual competitions to reward their customers and contribute to citizen empowerment. Handing over the cars on Friday, Cell City Chief Executive Officer, Brian White said through the competition they want to satisfy their customers and give back to the community. “Cell City and Orange clients were given a chance to win either a Toyota Hilux pickup or a Hisense television set.
All they had to do was purchase any Hisense mobile phone from a Cell City or Orange retail outlet and fill in the competition form in the store,” said White.Thato Ntshabele, who won one of the cars told the Business Trends that she bought a Hisense cell phone worth P900. 00.
“I never expected that I can win a car. I was just filling the forms and dropped into the entry box and I forgot about it. I am so happy to receive this prize and I thank Cell City for this opportunity,” said Ntshabele. Another winner, Dimakatso Mmusi expressed his excitement saying he had always wanted a van and he is grateful to Cell City.
“I just bought a cell phone worth P899.00 at Cell City Railpark mall, I never expected anything, and I was just submitting the form as I was requested by the shop assistants. This car is very useful to me,” said Dimakatso.
Smecha chillie hits the shelves
For the love of food and the passion to apply modern technology processes in food manufacturing locally, Kgalaletso Mothoagae established her own brand, Smecha specializing in relishes.
She processes and packages chillie in 325 gramms and 1 litre bottles selling at P50 and P150. She told the Business Trends that she decided to process chillies as it is one of the products that are rarely processed in the food industry.
She started cooking it for home consumption and later started selling to friends and currently the product has gone beyond borders at South African Spar shops and Restaurants. “I couldn’t look for any other vegetable as most of them have already been processed in the market. It is my first product of research in the food industry so I found out that I can do good business with this product. This chillie is free from preservatives but still has extended shelf life of 6 months,” said Mothoagae
The Kanye born young lady studied food technology and has the passion to explore the food processing market in Botswana and contribute to reduce the high food import bill. “I wanted to explore more about food and use my skills to contribute to the development of the local food processing and manufacturing industry. I also wanted to supplement my income at the same time,” said Mothoagae.
She has a degree in Food Technology. She says there is a lot of potential for business growth as there is a demand for the product locally and in South Africa. “My main customers are individuals in homes, they have embraced the product, and they love the taste. There is also a market that has been secured in SA; it is available in several shops like spars and some restaurants”. In future, Mothoagae said she would increase the product range to 10 using various vegetables and flavours.
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