Entrepreneurs turn to crowdfunding

Wilson
Wilson

JWANENG: An entrepreneur, Matthews Wilson and his business partner, Lingani Maphane have adopted an internationally recognised method of fundraising for their business, equity crowdfunding.

The method, which is not yet common in Botswana, is whereby an entrepreneur comes up with a business idea and calls on the public to invest by buying shares in the business as a way of raising funds.

Wilson of Ezymox Holdings explained in an interview that during difficult times when the economy is not doing well, entrepreneurs could turn to equity crowdfunding as an option as  funding from financial institutions is limited. 

Editor's Comment
Happy Independence Day!

Independence Day holds immense significance for Batswana as a whole. It offers a moment for reflection and celebration of the country's achievements, while also prompting introspection.We must honestly assess whether the number of years of independence aligns with the progress we have made. While there is certainly much to celebrate, there are also pressing issues that require the attention of relevant stakeholders. Many Batswana are facing...

Have a Story? Send Us a tip
arrow up