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
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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