Banks urged to support SMEs

Wednesday, April 13, 2016

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.

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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.

Disc, license renewal requirements waived amid system failures

This is not reversal born of weakness- Salakae

Batlokwa reject Tlokweng expansion plan

Enough is enough – Kgosi Gaborone

CoA dismisses Meswele convicts' appeal against 40-year imprisonment

‘Insurance killer’ case leaves family in ruins

Serowe police probe Mogorosi tragedy

Man found seriously injured by Letlhakane roadside

BPF should get house in order