Botswana’s SMEs look to data -driven tools to drive growth

Partnering: Ramaselwana says TransUnion has the data to help SMEs
Partnering: Ramaselwana says TransUnion has the data to help SMEs

Botswana’s small and mid-sized enterprises (SMEs) are increasingly looking to grow their businesses both locally and internationally and access new markets to mitigate the effects of global economic slowdown, rising inflation and to ensure sustainable and inclusive economic growth, says TransUnion Botswana Country Manager, Kabelo Ramaselwana.

According to the African Development Bank Group, real GDP growth is projected to recover to 5.5 percent in 2022, based on a revival in domestic demand as the effects of the pandemic recede and a rebound in commodity prices as economies reopen globally.

However, this could be impacted by growing inflationary pressures caused by the war in Ukraine. There are also threats from persistent drought and the adverse effects of poor economic conditions in South Africa on Botswana’s exports and SACU receipts.

Editor's Comment
A step in the right direction

That is indeed a welcome development, especially looking at the fact that the manual way of doing things is slowly disappearing and competency in the use of computers and other digital gadgets has become a must.The simple way of looking at it is just an example that almost all companies have gone completely digital and school leavers will be better placed after leaving school, because they will already be familiar with the use of computers.The...

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