Businesses urged to utilise credit insurance
Friday, March 24, 2017
Habana. PIC: BOINGOTLO SEITSHIRO
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.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...