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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
Violence doesn't solve anything!

Our weekly edition carries painful articles of people being murdered. Whilst some are classified as Gender Based Violence (GBV), there are still a large percentage of murder cases, which often happen at drinking spots, after people are heavily intoxicated. We have in the past carried articles where an individual was murdered because they refused to give someone a cigarette, and sadly this is where we are at now!In this very edition, there is an...

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