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Ntime on course to building a motorbike factory

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An engineer in the making, Bakang Ntime, 26, aspires to have a quad bike factory one good day. He is confident that he has done enough research regarding the motor bike and is ready to make as many as possible in the future for his dream business. Ntime’s motto is that ‘business should not always be about profit, but about perfection towards the product’. He subscribes to the slogan, ‘never give up’. Growing up he always had a passion for motorbikes but never had a chance to own one until he decided to do it for himself.

He started in 2012 by picking metals in the yard and designing them to suit the shape of his bikes. Not a single person took him seriously until his motorbike could start and move like a real one. Ntime was spotted with his interesting motorbike at Pick Me up Youth Fair programme, this past Friday in Kopong. He said although his motorbike might not look the best in the eyes of people, it is the best he has so far made from the numerous that he has made before. “It was not easy when I started but, being determined pushed me to strive for excellence. All I can say right now is that I understand a motorbike so well and safety is my number one priority, which is why I am even still researching,” he said.

The young man has decided to enrol with Kgatleng Brigade Centre where he is studying Welding and Fabrications. The idea is to gain more experience on metals so that he can practice higher safety in his work. Although he still has challenges with materials, Ntime is confident that his motorbike workshop will be fully operational one day. His plan is to make standard motorbikes for clients. The idea is to also reduce traffic congestion on the roads.

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UN, De Beers launch programme for Women

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The most recent opportunity for women entrepreneurs is the United Nations (UN) and De Beers project – a three-year capacity-building programme to improve the livelihoods of more than 1,200 women micro-entrepreneurs in Botswana, Namibia and South Africa.

Launched last month, the project is tailored specifically for each country, and is expected to be delivered with local implementation partners and focus on regions that have high levels of unemployment and where formal job opportunities are limited.

“Through these programmes, we hope to equip women entrepreneurs with the skills, training and confidence to build successful and sustainable businesses,” said Bruce Cleaver, Chief Executive Officer, De Beers Group. Cleaver believes the project will help prop up communities’ economic activities, as women are proven to reinvest more of their income back into the community and to actively support the creation of jobs for others.

According to De Beers Group the beneficiaries will be equipped with management skills to build confidence and capacity to operate and grow successful small businesses. Anne Shongwe, UN Women Representative, South Africa Multi-Country Office said the programme aims to complement national efforts on job creation and economic empowerment of women.

“Investing in women’s economic empowerment, particularly with women in the informal sector, sets a direct path towards gender equality, poverty eradication and inclusive economic growth,” said Shongwe.

She further said investing in the capacity development of women micro-entrepreneurs leads to women having higher incomes, better access to and control over resources.

The programme is part of De Beers Group’s three-year partnership with UN Women, which includes a US$3 million investment to advance women and girls in De Beers Group’s diamond producing countries, announced in September last year. Over the past years women pioneers who have passionately grown local businesses include, Theresa Mokoka, renowned female farmer in Kweneng, Nkata Seleka, founder and owner of Sleek Foods, among others.

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Seed Co lists on the BSEL bourse

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Seed Co, the Africa-focused seed company has listed its shares on the Botswana Stock Exchange Limited (BSEL) effective 5th October 2018. The shares for the Zimbabwean based company started trading on the same day.

“This is a primary listing by way of introduction of the issued share capital of Seed Co, comprising of 379,331,127 of ordinary shares on the main Board of the BSEL,” reads BSEL media statement. Seed Co is a leading certified seed company authorized to market seed varieties developed by itself, government and other associated seed breeders in over fifteen (15) African countries. The company is involved in the breeding, multiplication and distribution of mainly hybrid seed varieties.

In commenting on this milestone by Seed Co, the Chief Executive Officer of BSEL Thapelo Tsheole highlighted that, “this reinforces the value of listing companies on the exchange as this listing reiterates that for companies that wish to raise capital or increase visibility in the market, the stock exchange is the right avenue”. He further said BSEL is happy to welcome a company of Seed Co’s stature to the market.

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