Payless eyes revival after closing down most stores

Fighting on: Moshoke is banking on a CEDA loan to revive the business
Fighting on: Moshoke is banking on a CEDA loan to revive the business

Retail chain, Payless, has closed down five of its eight stores around the country as it struggles with cash flow troubles and issues with the suppliers of stock.

Currently the group operates three stores in Molepolole, another one at BBS Mall in Gaborone and one in Block Six neighbourhood which operates on a part time basis.

Payless CEO, Elliot Moshoke told BusinessWeek that the group is hoping for a P30.5 million bailout from the Citizen Entrepreneurial Development Agency (CEDA) to re-open its stores.

Editor's Comment
Women's bodies are not a man's playground!

In most of these cases, all this violence is done in the name of love! Love is a beautiful thing and no one who claims to love another can ever wish harm on the object of their affection let alone inflict pain upon them.A few weeks ago, the nation was shaken following the gruesome murder of two little innocent souls by their father, who after that painful act committed suicide. One of the biggest challenges that we face as a nation is that we...

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