Local manufacturers call for specialised fund

On site: Masisi toured exhibitors at the Local Manufacturers' Summit on Tuesday PIC: BWPRESIDENCY FACEBOOK
On site: Masisi toured exhibitors at the Local Manufacturers' Summit on Tuesday PIC: BWPRESIDENCY FACEBOOK

Entrepreneurs in the manufacturing space have asked government to consider seeding an investment fund custom made to support enterprises in order to boost the sector’s contribution to the economy.

The plea was raised on Tuesday, at the opening of the Local Manufacturer’s Summit held in Gaborone.

Speaking at the event, Botswana Exporters and Manufacturers Association (BEMA) CEO, Mmantlha Sankoloba, said that despite the manufacturing sector being the fifth largest employer in the country, there is still an appalling lack of finance products that cater for the industry specific needs of manufacturers in the country.

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It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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