Connect with us

Business

Kasane Airport to enhance tourism, trade, investment

Published

on

The recently launched complimentary Wi-Fi access at all Botswana international airports is expected to close the gap that existed as a result of lack of free internet service. The project, a brainchild of the Botswana Investment and Trade Centre (BITC) in collaboration with Botswana Fibre Network (BOFINET), was launched at the occasion of the Civic Aviation Authority of Botswana (CAAB) official opening of the Kasane International Airport last week in Kasane.

Visitors coming into Botswana either on business or pleasure will now enjoy free internet access at these airports; Sir Seretse Khama International Airport, Francistown International Airport, Kasane International Airport and Maun International Airport. According to Director of Corporate Communications, Kutlo Moagi, in their efforts to bridge the gap, in addition to the collaboration with BOFINET, BITC engaged a local service provider, MetroTech to provide internet services for all the four airports. Moagi said the project is part of improving broadband connectivity and in keeping up with global trends.

“As you are aware, access to internet or connectivity is an enabler for doing business,” she said. She added that as part of improving “our ease of doing business and to remain globally competitive as a country, it is imperative that we continually strive to eliminate all impediments to doing business.” As part of accessing complimentary internet services, users will be required to answer some basic questions relating to their experience with immigration as well as the purpose of their visit into Botswana.

In this way BITC believes that they will further gauge the quality of service standards at all points of entry. Phuthego Chere of MetroTech, the local IT Company that provides a portfolio of internet services concurs that this service will go a long way in enhancing a travelers’ experience. He said prior to this arrangement, the lack of free internet accessibility in airports was frustrating for travellers. “Upon arrival the modern traveller wants to establish contact and even make accommodation arrangement, if they were unable to do so earlier, and this Wi-Fi access will alleviate frustrations associated with such,” Chere said in an interview. Chere said the service allows users to answer direct questions that will yield valuable feedback, which would help improve on challenging areas going forward. MetroTech specialises in internet services for home and business, networking solutions, cyber security and networking, peripherals store.

Continue Reading
Comments

Business

Matambo calls on financial sector to pick GDP

Published

on

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.

Continue Reading

Business

First Lady advises women entrepreneurs

Keikantse Lesemela

Published

on

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.

Continue Reading

Trending