Poor documentation stifle women businesses

The judge, Mmala Oefile, said after assessing all 159 stalls they realised that record keeping is a major hurdle faced by women-owned businesses. “We have realised that majority of women entrepreneurs are busy with other business factors and not taking records keeping as an important tool in their businesses. When touring the stalls only a few were able to show us their records, this is a concern because it shows that you do not have any information about your businesses,” said Oefile.

Oefile called on women to set up an accounting system with proper documentation to track their businesses because majority of them failed to produce the records of their businesses.