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Portiah’s home-made skincare products a hit with customers

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Portiah Mokgathong, 28, exhibited her homemade skin care products and scented soaps at Riverwalk Mall in Gaborone on the eve of Valentine’s Day.

Trading under the business name, Laedy-P Organics she sold her products in the form of a Valentine’s Day gift basket for P400. The products include soap bars, shower gel, bath salts, hand & body butter lotion and scented candles. The feedback was quite amazing.

People bought a lot of her stuff and to this day continue to call for more deliveries. She is active on all social media using her company name Laedy-P Organics. Portiah’s passion for making skincare products and candles all started as a hobby. Her interest was borne out of a concern over products she applied on her skin. A health fanatic that she is, she always wanted to make the right choices even for the environment.

She registered her company in early 2015 but ever since she’s been giving out her products as samples and also tested some at home. She has had no formal training in her line of business but has attended workshops in South Africa where she learnt a lot on soap and candle making. She learnt about different skin types and which soaps and lotions to use on them. She operates from home without any equipment.

Although it is demanding and tiresome she is fulfilled when she sees the finished product. She uses a stove for cooking her recipes for soap and a fan or aircon to dry the soap after crafting it into her desired shape. She sometimes uses homemade products for her soap. These include among others olive oil, coffee, bicarbonate of soda and lemon. Her soaps all have a special purpose on the skin.

For example Nourish soap, which is for very dry skin contains sunflower oil which forms a protective germ-resistant barrier and helps skin retain water. It also contains Shea butter for intense moisture, and avo oil, which soothes sunburn.

“Through many tests and tweaks I have built a substantial list of recipes for a range of situations. I’ve discovered that making my very own products is one of the easiest and most speedy ways to satisfy my creative urge”, said Mokgathong.

The biggest challenge she faces is lack of finance as the business is self–funded. The materials for her products; the packaging and electricity used in making the products are all expensive. But these will not deter her from growing the business into a fully-fledged workshop with fulltime workers.

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BSE upgrades online investor access

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A recent BSE opening bell function.

Botswana Stock Exchange Limited (BSEL) will this year introduce a new clearing and settlement system, as part of efforts to improve operations of the bourse.

Speaking at the seventh opening bell ceremony, Chief Executive Officer, Thapelo Tsheole said the development will help improve liquidity and risk management. In addition, the new settlement system replaces the 2008 system while fast tracking introduction of security borrowing and lending, management settlement guarantee fund, as well as identifiers for companies and instrument.

BSEL has already awarded a contract to a Swedish company to implement the system which is also expected to digitalize Initial Public Offering (IPO), allow electronic voting for listed companies during annual general meetings (AGM) for absent shareholders.

The project, which is expected to take eight months once the two parties sign the deal, is part of efforts to have more online investors access for BSEL. Tsheole also revealed that BSEL website will undergo a revamp this year, allowing it to be more analytic, live feed shares, as they trade.“The tender is already out for the website and mobile application. It is a project that we had hoped to implement last year but because of logistic problems, we could not do it,” said Tsheole.

BSEL further plans to introduce two data display screens at CBD and at the stock exchange.“These will assist with information sharing and keep the market updated,” said Tsheole. Meanwhile, BSEL will not change its Automated Trading System (ATS) until 2022, according to Tsheole.“The system supports our strategy to grow the market and increase the average daily turnover levels to 18.0million per day by 2021,” said Tsheole.

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BSE complies with reporting guidelines

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Botswana Stock Exchange Limited (BSEL) has become the 5th bourse in Africa to comply and publish Environment, Social and Governance (ESG) reporting guidelines.

The development comes a year after BSEL became a partner exchange of the United Nations Sustainable Stock Exchange (SSE) Initiative.“The BSE made a commitment to publish guidance on ESG Reporting. This commitment has been fulfilled.“

We are the 42nd among the 81 SSE Partner Exchanges globally and the 5th in Africa to do this,” said Kgotla Segwe, Market Development Specialist at Botswana Stock Exchange Limited.
Other stock exchanges that have complied with the SSE initiative on the continent are from South Africa, Nigeria, Morocco and Egypt.

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