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Creativity earns Maun youngster additional

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Driven by passion for art and business, the youthful Maun born Kebakaone Tsamaoba has found a business opportunity that continues to represent the town, its name, Proud Maun Rep (PMR0).

Graphic designer by profession, Tsamaloba started using his graphic designing skills while still a student at Limkokwing University to make art creations back in 2011. He believes that Maun has huge potential to sell the country, hence his use of the tourist town’s monuments in his graphics.

According to Tsamaloba, he has long wanted to set up a business but had no funds for the start-up capital. “I planned on teaming up with friends who brushed my idea aside and shunned me,” he explains. It was the same friends who later came back asking for partnership after realising the idea was viable. Tsamaloba incorporates ideas and cultural monuments found in Maun to make designs, which he then prints into T-shirts, shirts, hoodies and caps. “Among other things that I have used to sell and brand Maun is “tswii” – the town’s main staple food.

The Maun youngster adds that he has since opened a clothing boutique in Maun and has a full-time shop assistant. “I intend on expanding the business especially the branded clothing business by opening another boutique here in Gaborone because the demand for our PMR branded clothes in Gaborone continues to grow,” said Tsamaloba. Tsamaloba says that although he has a full-time job, he has learnt that there is a continued need for youngsters in the country to have multiple streams of income. “Youngsters need to learn and master the huge concept of financial literacy too, that way we can be able to make a valuable contribution in the economic growth of our country through own very own established businesses,” he added.

“PMR has been able to maintain growth because I followed the fire burning inside of me. I did not follow what naysayers thought of me and that is what sustained me and helped me to endure. Every youth in Botswana must follow what resonates them,” said Tsamaloba.

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ADB grants BDC P4m for capacity building

Koobonye Ramokopelwa

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BDC head of human capital, Thabile Moipolai

African Development Bank has granted Botswana Development Corporation (BDC) over P4 million for training and capacity building of its staff members, the latter’s Managing Director, Bashi Gaetsaloe has disclosed.

The grant, which is $400,000 could not have come at a better time for BDC which has just begun a foray into the African continent. According to the Head of Human Capital at the investment arm of government, Thabile Moipolai, the grant will be used in areas such as investment, legal and risk, the three divisions which are considered critical as they continue to push the five -year strategy.

BDC has been given the leeway to invest outside Botswana and already some investments are being made in West Africa. Capacitating the staff in the above areas will come in handy for the African expansion.

Moipolai was answering a question from The Midweek Sun on Friday during the company’s annual stakeholder briefing where operational and financial reports for 2017/2018 were made public. The grant will be utilised in the next two years. BDC has reiterated its plan to continue to invest initiatives which are aimed at developing and retaining staff members.

“As we continue to build a strong BDC for the future, continuous learning and development is critical for our business success and therefore remains a priority area for Human Capital,” BDC 2017 annual report reads.

BDC has also developed a future focused competency based training that will be used to make informed learning and development decisions. “The (BDC) academy will also help BDC produce future leaders that are fluid and progressive through a bespoke leadership development,” reads the report.

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KBL announces return of Kickstart program

Koobonye Ramokopelwa

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Previous kickstart beneficiaries

Kgalagadi Breweries Limited, a unit of Sechaba has announced the return of Kickstart, a youth entrepreneurial development program that was suspended three years due to lack of financial resources, Managing Director, Renaud Beauchamp has told the media.

Before the program was put on ice, it had benefited over 70 small medium enterprises with funding, mentoring and market access assistance. According to Beauchamp, the revamped Kickstart will start next year, with an annual budget of about P1, 5 million. “We plan to invest in 15 new businesses every year,” he said at a press briefing which also announced a price reduction for its alcohol brands such as St Louis, Castel Lite and Black Label.

Successful applicants will receive about P200, 000 grants to execute their business ideas. Beauchamp stated that, they have been able to reintroduce Kickstart from ‘freed capital’ as a result of the recent reduction in Alcohol Levy from 55 percent to 35 percent. The clear beer price reduction comes after the Alcohol Levy, which made beer expensive, was slashed by President Mokgweetsi Masisi regime some few months ago.

Meanwhile, Assistant Minister of Trade, Industry and Investment has announced changes in trading hours for businesses that trade with liquor.

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