SMMEs support 33% of jobs, study says

Monday, December 05, 2022 | 460 Views |

Grassroots support: Formal and informal sector SMMEs are the bedrock of both jobs and the broader economy PIC: PHATSIMO KAPENG

The country’s Small, Medium, and Micro Enterprises (SMME) contribute 14% to the Gross Domestic Product (GDP) and are responsible for about 33% of the country’s employment, a new study by the Local Enterprise Authority (LEA) indicates.

The informal sector contributes about six percent to the economy, while the formal contributes eight percent, the study done in collaboration with the Botswana Institute Development Policy Analysis (BIDPA) says.

The research, unveiled by the two organisations this week, also indicates that informal SMMEs are mostly owned by females, who tend to be less educated and relatively youthful.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Workers singing strugle songs in Letlhakane during May Day Comemoration PIC: PHATSIMO KAPENG

Motshwarakgole-Boko rift takes new turn

Tsaone Basimanebotlhe | 11 Sep 2026

UDC, unions battle for influence in offing

Tsaone Basimanebotlhe | 11 Sep 2026

The GUC-LSB battle: How it all began

Spira Tlhankane | 11 Sep 2026

GUC graduates refuse to leave legal profession door closed

Spira Tlhankane | 11 Sep 2026

We will not be muzzled, vows Manual Workers Union

Goitsemodimo Kaelo | 11 Sep 2026

Matsitama councillor dumps BDP for BNF

Pini Bothoko | 11 Sep 2026

Botswana’s homebuyers age shifts to 46 years

Lewanika Timothy | 11 Sep 2026

The public purse is not a private megaphone

Thomas Nkhoma | 11 Sep 2026

The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

Mmegi Editor | 11 September 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.