The Monitor :: SA Business Oils Youth Empowerment Drive – Olopeng
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Last Updated
Tuesday 20 November 2018, 13:46 pm.
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SA Business Oils Youth Empowerment Drive – Olopeng

The third instalment of South African Business Forum (SABF) has been applauded for improving chances of Small Medium and Macro (SMMEs) businesses thus facilitating job creation for the youth.
By Pauline Dikuelo Mon 03 Sep 2018, 11:30 am (GMT +2)
The Monitor :: SA Business Oils Youth Empowerment Drive – Olopeng








SABF was established in 2015 by the South African businesses in Botswana facilitated by the South African High Commission with the aim of facilitating mutually beneficial relationships between government and South African businesses in Botswana.

Currently the targeted sectors include retail, finance, clothing, ICT, distribution, travel, insurance and construction.

Speaking during the launch last week, the Minister of Youth Empowerment, Sport and Cultural Development Thapelo Olopeng said that the biggest drive of SABF is to participate in the diversification of the economy.

“The launch of this business forum provides such opportune moment for this drive to be fully realised. Members of the SA businesses operating in Botswana have created employment opportunities for Batswana as well as economic development opportunities for manufactures, producers, suppliers and service producers,” he said.

He further pointed government’s concern about inadequate market access for goods and services produced by young people.  He noted that most of the youth development Funded businesses face challenges of possible closure normally due to lack of market penetration and experience related to specific

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sectors. According to Olopeng, his Ministry is tasked with coming up with initiatives that addresses these issues and youth unemployment

“In this respect, given the domination of the market by South African sellers, a partnership with SABF is a total no-brainer as SABF member companies would provide the much needed market penetration,” he said.

He also pointed that the launch of the partnership will culminate into a series of business sessions which will service to be a point of meeting and discussion for Botswana SMME’s and SABF companies to share notes and exchange ideas on what it takes to supply or work with big corporations.

In addition, he said the sessions will afford SABF companies to meet potential suppliers from different youth run business and assist them by the requirements needed to supply big corporations.

“The business sessions will create meeting opportunities for youth owned businesses in Botswana to b able to interact with their counter parts in South Africa for mutual benefits of the two countries,” he said.

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