BSE nurtures SMES

BSE CEO Thapelo Tsheole
BSE CEO Thapelo Tsheole

Botswana Stock Exchange (BSE) has graduated 17 Small and Medium-sized Enterprises (SME) under the Tshipidi Mentorship Programme (TMP).

The programme was introduced early this year as a way of grooming companies that could potentially raise capital, improve governance and leverage from increased publicity through the stock market in the short to medium term.

The graduated companies include; AT&T Monnakgotla, First Capital Bank, Homec, Ticano group, Earth Vitamins, Destiny Car Rentals, Urban Soul Apparel, Cally Clothing, Glam Collections, Bo-Inter trading, Energy X Petroleum, Creative Business Solutions, Kelyh Mass, Sareg Building and Civil Construction, Ultimate Hydro Solution, STOL Petroleum and Zila Investments.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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