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Cheka Price revolutionises shopping experience

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If you’re one of those shoppers that love flipping through different stores’ sale pamphlets to compare prices for the most affordable, Cheka Price is just what you need.

Cheka Price is a mobile application that helps shoppers to go through stacks of advertisements at the click of a button to access prices of different stores. Its developer, Letsweletse Seatla, was motivated by an urge to relieve people from the hassle of running around the market in search of the right product, right price and quality service.

He says that Cheka Price will open new dimensions for local shopping that were not there before. “You cannot roam around the market all the time and expect to get the best,” he says, adding that Cheka Price will revolutionise local shopping by helping people make informed decisions of what, where and how to buy. 

It will include features like live price comparison, price drop alerts, shopping list calculator and map (you just add the items and it will route you to which item is available at what place), said Seatla. Cheka Price is a subsidiary of a local ICT Consultancy Company called IBlim Enterprise, which has departments that run different operations.

Seatla mentioned diversity among the core objectives of their company, since they are hoping to partner with international companies in future. He strongly believes that Cheka Price is bound to change the way people shop locally forever. He likened Cheka Price to having the whole market in your pocket and also with an assistant who will help you in everything you need to know about shopping.

Seatla however said that they are still in the development phase of the application, which is heavily backed by not only the research of local market but across the world regarding customers’ shopping behaviours. The company is still in the process of collaboration with the major vendors and planning to extend all across the market regardless of the type of commodity.

He says they have received a tremendous amount of appreciation from almost all the parties they have so far met. The application will be availed on Google Play and the date of the launch will be revealed soon. For updates people can like Cheka Price Facebook page or subscribe to their website chekaprice.co.bw with email or mobile number to get the latest updates and notices on when the application is available for download.

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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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