LEA appeals for more SME funding

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The Chief Executive Officer of the Local Enterprise Authority (LEA) Dr Tebogo Matome yesterday pleaded with Botswana financial houses to change their minds and finance Small to Medium Scale Enterprises (SMEs) currently shunned by banks.

Speaking at the launch of a special SME Credit Express Facility by Standard Chartered Bank at the GICC, Matome - who is regarded by many as an investment wunderkind, having been chief executive of the BSE during the seminal stages of the Botswana bourse, among his achievements - said other banks should stop their pessimism towards funding small businesses.

"The hour is late for local financial institutions to rise to the challenge by emulating Standard Chartered Bank and engage themselves with the SMME sector of our economy," he said.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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