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Donkey meat is viable business



A livestock farmer in Kopong village has discovered that donkey meat is a viable business as the meat is in high demand.

Tshepo Monaroula told Business Trends that he normally sells live donkeys but he has now realised that selling donkey meat is more profitable because it has higher returns than selling a live donkey. “I normally sell one or two donkeys but last year I decided to slaughter and sell it as meat and to my surprise the whole meat was bought and finished on the same day,” said Monaroula.

Monaroula who is also a herd boy said he is rearing cattle and goats in his father’s farm in Tlhape cattle post, just a few kilometres from Sir Seretse Khama International Airport. While serving in his father’s farm, he bought two donkeys in 2010 and now he has more than 20 donkeys and about 50 goats.

“I decided to rear donkeys because I realised they can be a good business opportunity as there is high demand for donkey meat in the market. Nowadays a lot of people eat and like donkey meat,” he said.

Monaroula said he started slaughtering donkeys last year November and sells the meat in Mogoditshane village. He carries the meat in buckets on a donkey cart and sells each piece for P10.00.  “After slaughtering I cut the meat into pieces. One donkey normally fills four 20 litre buckets and I always get about P600.00 on average. It’s a good return for me compared to selling a live donkey at P400.00,” he said.

The 24-year-old Monaroula plans to slaughter donkeys after an interval of every two weeks this year because of the drought conditions. “There is a lot of livestock in our farm because they are combined with my father’s so I want to sell most of my donkeys because there is a serious problem of drought. I used to sell once in a while but this year I am going to be selling frequently,” he said.

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Minister Thapelo Olopeng

Botswana Stock Exchange’s annual finance and investment competition for secondary school students has been applauded by the Minister of Tertiary Education, Research, Science and Technology, Thapelo Olopeng.

The initiative, a capital market awareness tool that has been running for the past seven years, is increasing financial literacy and a culture of investment among young people. The initiative will see the country raise future billionaires through the stock markets. “It is a breath of fresh air to have tertiary students who are financially literate, who can manage their finances,” said the minister.

He urged students to invest even the smallest allowances they earn and have a hassle-free life after university. “Investing on the stock exchange is not only preserved for the rich, but for anyone with a bank account,” said Olopeng.

The minister said the secondary schools finance and investment competition is participation of the private sector in bridging the knowledge divide.Olopeng said the private sector participation augments his ministry’s efforts of providing and building knowledge and innovation through the development and implementation of the policy on tertiary education, research, science and technology to transform the economy from a resource based to a knowledge based.

“In this connection, we will continue to empower our students in order for them to lead better and successful lives which can propel them into the innovation ecosystem,” said Olopeng. BSE Chief Executive Officer, Thapelo Tsheole said the Senior Secondary Schools Finance and Investment Competition, first established in 2013 aims to sensitise and educate the student community about capital markets, with the strategic aim to increase financial literacy and promote a culture of investing at a young age.

The competition is open to all senior secondary schools across the country, including private and public senior secondary schools.

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The MidweekSun Admin



Orapa Mine, part of Debswana

Botswana is not using diamonds to kill elephants as alleged by some conservationists after the southern African country announced plans to lift a ban on elephant hunting to address growing conflict between humans and wildlife, a government official has said.

Minister of mineral resources, Green technology and energy security Eric Molale told a mining conference in Gaborone on Monday that the activists were tarnishing the image of Botswana. “That’s hogwash because we as Botswana are [good] conservationists and it is us who worked hard to make sure these elephants [are] brought to the numbers that we do have now,” he said.

“When conflicts arise, it is through consultation, [that we] find out how we can best manage our resources. The people have spoken and we are going to be managing the elephants in the best way that we can.

“We are not culling, we have re-introduced the trophy hunting and if you take 400 elephants per annum for trophy hunting against the 3-5% annual growth rate of the elephant herd that we have…[we are] just barely scratching on the surface.”

Botswana has about 130 000 elephants, the world’s largest population.Molale said Botswana will remain focused on things that are beneficial to the country and will not be distracted by issues spread by people that are not even privy to how things are done in the country.

“We have, however, invited them to come and learn more about what we are doing so they can better understand those important aspects of flora and fauna…”The conflict between humans and elephants had gone up since the ban was introduced in 2014.

Tourism is the second source of foreign income in Botswana after diamonds and conservationists fear that the former will be affected is the government cull elephant.
[Rough and Polished]

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