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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.

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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...

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