Connect with us

Business

Motswana elected JCI Vice President

Published

on

Kabo Garechaba, a Motswana who is a broad- cast journalist has won elections to become Vice President of international organisation Junior Chamber International (JCI). He was elected during the 2015 JCI world congress in Japan recently, Business Trends has learnt.

The congress was one of the largest gatherings with over 8000 delegates from over 105 countries. Garechaba, 35, becomes the second Motswana since 2005 to be elected to the highest JCIoffice after Joseph Pheto who was elected to the same role 10 years ago. Speaking to Business Trends, Garechaba expressed joy saying it is a great milestone for a young Motswana to be elected to be part of the international board of exectives for such an organisation.

“I am really humbled to have won the position. This would give Botswana an opportunity to be part of the decision making team and we will be able to have first-hand information on what projects are going to be funded by the organisation,” said Garechaba. JCI president is Pascal Dike from Nigeria.
As VP, Garechaba will be overseeing the growth and development of the organisation in several countries including South Africa, Zimbabwe, Malawi, Mauritius, Comoros and Democratic Republic of Congo where he is expected to ensure the national organisations grow and make impact- ful projects in their communities.

He joined the organisation in 2007 upon which he served the organisation in various capacities at local and national levels until becoming national president of JCI Botswana in 2013.

He holds MA in Development Studies from the University of Botswana and currently works for Radio Botswana.

Continue Reading
Comments

Business

BSE complies with reporting guidelines

Published

on

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.

Continue Reading

Business

Mobile operators look to digital inclusion

Keikantse Lesemela

Published

on

Mascom MD Jose Couciero.

Mascom Chief Executive, Jose Couciero said they are looking into digital inclusion as the potential source of revenue growth because mobile subscription is no longer a major driver.

Botswana has one of the highest records of mobile penetration in Africa at 176 percent, Internet users’ stand at 21.4 percent while the fixed line telephony services stand at 8.2 percent. “As the Botswana mobile market evolves, we observe that mobile subscriber growth alone is no longer a major driver for revenue growth. Rather, the potential for the market is in digital inclusion through access to mobile and fixed broadband,” Couciero.

He said they have invested significantly in deploying their own transmission backbone and Metropolitan fibre rings to prepare their business to enter the residential markets with bundle offers of Internet, voice and content. “I am excited to confirm that we now offer fixed broadband services using both fibre and 4.5G wireless technology. These technologies offer high speed internet for TV live streaming and online games without interruptions,” he said.

Meanwhile, the government owned Botswana Telecommunications Corporation Limited (BTCL) observed the increased usage of social media platforms which has negatively affected the traditional voice call services resulting in decreased turnover for the company. Recently, BTCL Managing Director, Anthony Masunga also highlighted that competition in the telecommunications sector continued to intensify with the entry of new internet service providers leading to a downward pressure on prices.

On the other hand, another competitor, Orange Botswana is currently constructing a data centre which will enable the company to offer telecommunication and internet services without interruptions. The Orange Data Centre will cover 81% of the population with the 2G technology, 62% of the population with 3G technology and 45% of the population with 4G technology, offering the greater levels of security, flexibility and accessibility to data and information around the world.

Continue Reading

Trending