FirstPreneur Development Programme to empower SMMEs
Monday, July 08, 2024 | 320 Views |
The Minister of Entrepreneurship, Karabo Gare, said at the launch last week that entrepreneurs are crucial contributors to the country’s GDP as they create jobs and strengthen value chains in vital sectors such as mining and agriculture. “Entrepreneurship is at the heart of our economic strategy, propelling economic expansion and innovation across Botswana,” he said.
He further underscoring the importance of nurturing creativity and resourcefulness amongst Batswana. Gare noted that the innovative solutions developed by entrepreneurs do not only address local challenges but also have the potential to impact global markets. “It is imperative that we continue to nurture this creativity, equipping our entrepreneurs with the necessary tools and support to bring their ideas to fruition,” he added. The minister said initiatives like the FirstPreneur Development Programme supplement government’s robust support systems like access to funding, mentorship, and training provided by state-owned enterprises like the Citizen Entrepreneurial Development Agency (CEDA) and Local Enterprise Authority (LEA). He said the programme also exemplifies such a support framework, designed to empower entrepreneurs by providing them with the guidance, resources, and collaborative environments necessary for success. The minister also stressed the need to sustain and expand initiatives like FirstPreneurship to promote a vibrant entrepreneurial network.
That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...