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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
Commitment by DPP to fight corruption welcome

Whilst many citizens put trust in their leaders that they are tackling one of the worst curses that can befall a country, the public has lost trust after all the cases seemed not to go anywhere.As the saying goes, ‘corruption is a cancer that eats away at the fabric of society’; corruption affects effective governance.Corruption affects delivery of services to the public and also crumbles most systems meant to assist citizens who are very...

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