SMMEs call for greater venture capital funding

Local entrepreneurs at the Botswana Stock Exchange workshop
Local entrepreneurs at the Botswana Stock Exchange workshop

Local entrepreneurs seeking to list on the Botswana Stock Exchange (BSE) have decried the lack of appealing financial instruments for the funding of their ventures despite the narrative that listing will yield great financial prospects.

Their frustrations are further heightened by their failure to secure funding from local fund managers who are in charge of more than P100 billion in pension and other funds.

The challenges were revealed earlier this week at the BSE’s Tshipidi Forum, the inaugural consultative workshop around the local exchange’s mentorship initiative. The BSE’s Tshipidi initiative is a comprehensive and interactive programme where selected local enterprises that have hopes of listing on the Exchange, are handheld through the processes and changes they need to make to be ready for the listing.

Editor's Comment
Government’s efforts commendable!

Since the news broke, the government made sure to work hand in hand with the South African government to assist the families of the victims. The two countries came together to help the families identify the bodies of their loved ones through DNA testing. The government also announced that they would assist families with food for mourners before the funerals.Even though the deceased persons were mostly residents of Molepolole, the government...

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