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Premier Clothing awarded ISO certification

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Botswana Bureau of Standards (BOBS) has awarded Premier Clothing (Pty) Ltd Botswana an International Organisation for Standardisation Certification (ISO 9001:2015). Premier Clothing is the leading manufacturer of Work wear, Corporate wear, uniforms and PPE in Botswana. Since its establishment in 1982, Premier Clothing has been supplying Botswana from individual level to the different sectors of the workforce including; ministries, government departments, local district councils, the military, police and mines with high quality uniforms, protective clothing and work wear.

Speaking at the handover ceremony last week, BOBS Managing Director, Masego Marobela said that she was pleased with issuing the Quality Management System (QMS) certificate to an organisation whose mandate is to ensure safety through provision of quality wear. Marobela said with certification being a process that requires commitment, dedication and ownership from top management and cascading to all levels of organisation, Premier Clothing which is the first privately owned company to receive such certification; has shown unwavering commitment.

The BOBS supremo advised that many organisations around the world are having their products and management systems certified in recognition of the importance of providing products and services. Premier Clothing Chief Executive Officer, Fazul Zahir said being awarded the latest international standard shows remarkable progress. “Achieving this certification represents a major milestone for our organisation and demonstrates our full commitment to quality in all the services that we provide,” said Zahir. He says the certification will come in handy and create opportunity as they unfold their plans to commence exportation of their products. “We are continuously re-investing in order to upgrade its machinery and to train their staff to produce a better quality garment while at the same time making it more cost-effective and economical to the end consumer,” he said. Premier Clothing is also the only company in the country to be dual certified with SABS SANS 434:2016 Product certification as well.

“This enables us to procure a large share of the export market in SADC and SACU region where our garments, quality and services are highly appreciated by all our customers. This has also enabled us to penetrate the European and American markets.” Furthermore, Premier Clothing is engaged in diversification of the local manufacturing base in order to augment our range of products as demand is recognised. “Through our continuous improvement in processes, equipment and skills, we believe that we can play a greater and even more significant role in Botswana’s future economic development,” Zahir said.

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Matambo calls on financial sector to pick GDP

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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.

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First Lady advises women entrepreneurs

Keikantse Lesemela

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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.

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