Businesses urged to utilise credit insurance

Habana. PIC: BOINGOTLO SEITSHIRO
Habana. PIC: BOINGOTLO SEITSHIRO

As the country’s current economic and trade environment remain constrained and unpredictable, credit insurance experts are urging businesses to recognise the benefits of trade credit insurance to protect their bottom line.

Of late, there has been proof that businesses, large and small, face greater risks and possibly even closure due to major debtor defaults and balance sheets that are often not strong enough to pull them through a major and extended financial crisis.

Against this backdrop, the Botswana Export Credit Insurance (BECI) stressed the importance of protection to mitigate business risks.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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