Banks urged to support SMEs

Banks have been urged to lend a helping hand to small and medium-sized enterprises (SMEs), especially by providing business counselling services to make the sector strong and sustainable.

Bank of Botswana (BoB) governor, Linah Mohohlo said there must be more activity in the direction of ensuring that the financial system is fit for the 21st century through sustainable finance. “We want to see a visible helping hand by banks in, among others, providing business counselling services to nurture small and medium sized businesses,” she said.

The SME sector accounts for almost 90 percent of registered businesses in Botswana.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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