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
Mabogo dinku a thebana

According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...

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