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
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

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