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Buntu taste plans for growth

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Young businesswoman, Botho Ramomene could not just be idle and rely on the support from her parents while she has cooking and ginger brewing skills. She produces ginger for corporate events, weddings, parties and other social occasions. In an interview with the Business Trends, Ramomene said she started producing ginger last year when she wanted to raise money to pay for her examination fees at Botho College.

“I started this business last year when I needed to pay for my school fees and I was broke. I then realised that I could use my talent to generate money, I then started Buntu Ginger,” she said. In a day she produces about 72 bottles, which she is currently supplying to three shops in Tlokweng. “My production capacity depends on the order. I can produce in large containers for weddings or parties, but these are seasonal occasions,” she said.

One bottle is sold at P7.00. She also produces alcoholic and non-alcoholic cocktail drinks for corporate events. For her, starting the business was not difficult. All she needed were ingredients. When she first began she sold her produce in malls and in social gatherings. Currently she has one person working with her. “I want to expand my business and start producing at a large scale to supply large retail shops.

I still need some funds to buy machinery because presently I brew the traditional way operating from home,” she said. Ramomene said the business is doing well as there is always a huge demand for beverages. “In every occassion there is a demand for beverages so I never lack customers.” For bookings she can be contacted at 76056179/74491914.

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BSE complies with reporting guidelines

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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.

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Mobile operators look to digital inclusion

Keikantse Lesemela

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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.

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