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Youngster explores photography as business

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Ontlametse Mokhwela of Bob Photography says photography is still a new business in Botswana that he dreams to take to the next level. He believes that though it creates opportunity for business not everyone with a camera will succeed in photography business. The 22-year-old says that photography requires so much passion. “Everyone can do photography but on the other hand, it requires different strategies and different styles to make a photographer unique, while presenting their different work,” he says.

Mokhwela started as a videographer at church in 2012 and soon realised that he was indeed born for photography. He shares that he could even dodge school for his video captures in South Africa. He told Business Trends that he started without a camera or computer, but depended on borrowing from other people until he saved enough for his own equipment to fulfil his mission of being a businessman through photography. His work is impressive and many people are fond of it. Since the establishment of the company in 2015, many have shown support. He has more than 14 000 followers on his facebook page, Bob Photography.

The renowned photographer captures photographs in functions such as; weddings, parties, baby showers, maternity shoots, corporate functions and he also designs business cards, posters and flyers. He is thankful for his church where he used to work for free and sees himself growing. “I want to reach America in three years time just through photography, because it is an art and a business that requires exploring,” said Mokhwela. He has employed a manager at Bob Photography and also has two models that are the face of Bob Photography, while he also often engages people on freelance basis on his projects. Mokhwela says that in order to enhance photography in Botswana, he will from next month have lessons for photographers to help them achieve quality work. He says photography is still new in Botswana and it is best for people to do it right if they want to make a living out of it.

He also does street photo shoot and so far he has done it in Main mall, CBD, Bonnington Farm and Molapo Crossing. He believes that, “if you want to achieve something, do it and don’t wait for anyone to help you with money”. Mokhwela has so far worked with Vee, Jack Botlhoko, Owen Banks, Stone Maplanka and Abed Mogorosi, as well as in national events that include; Orange Tour 2017, GIMC 2017, ST Louise 2017 and BUAN 50th celebrations.

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Business

BSE upgrades online investor access

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A recent BSE opening bell function.

Botswana Stock Exchange Limited (BSEL) will this year introduce a new clearing and settlement system, as part of efforts to improve operations of the bourse.

Speaking at the seventh opening bell ceremony, Chief Executive Officer, Thapelo Tsheole said the development will help improve liquidity and risk management. In addition, the new settlement system replaces the 2008 system while fast tracking introduction of security borrowing and lending, management settlement guarantee fund, as well as identifiers for companies and instrument.

BSEL has already awarded a contract to a Swedish company to implement the system which is also expected to digitalize Initial Public Offering (IPO), allow electronic voting for listed companies during annual general meetings (AGM) for absent shareholders.

The project, which is expected to take eight months once the two parties sign the deal, is part of efforts to have more online investors access for BSEL. Tsheole also revealed that BSEL website will undergo a revamp this year, allowing it to be more analytic, live feed shares, as they trade.“The tender is already out for the website and mobile application. It is a project that we had hoped to implement last year but because of logistic problems, we could not do it,” said Tsheole.

BSEL further plans to introduce two data display screens at CBD and at the stock exchange.“These will assist with information sharing and keep the market updated,” said Tsheole. Meanwhile, BSEL will not change its Automated Trading System (ATS) until 2022, according to Tsheole.“The system supports our strategy to grow the market and increase the average daily turnover levels to 18.0million per day by 2021,” said Tsheole.

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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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