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Financial discipline key to SME survival, says Bank Gaborone

Sharing insights: Phirinyane
Sharing insights: Phirinyane

Bank Gaborone’s Airport Junction Branch Manager, Mpho Phirinyane, has emphasised that financial discipline and early engagement with banks are critical factors that determine whether small and medium enterprises (SME) succeed or fail.

Speaking during the bank’s Kgwebo Connect series featuring both Phirinyane and Lesang Busang founder of Ko Isong, Phirinyane outlined practical steps entrepreneurs must take to build sustainable businesses, cautioning that passion alone is not enough to drive long-term growth.

“At the core of every business there is passion, but passion alone does not carry the business,” she said.

Editor's Comment
Don't let FMD outbreak drag on

Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...

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