Advertisement

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.

Advertisement
Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

Have a Story? Send Us a tip
arrow up