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The Bulb World finalises P50m funding for SADC expansion

Thinking regional: Jacob has his eyes set on expansion PIC: PHATSIMO KAPENG
Thinking regional: Jacob has his eyes set on expansion PIC: PHATSIMO KAPENG

Fast-rising local LED manufacturer, The Bulb World is finalising a P50 million round of funding that will enable the company to expand further into the SADC region, BusinessWeek has learnt.

The homegrown company has become the symbol of successful citizen-owned enterprise and innovation, steadily gaining a strong foothold in the local market and further afield onto competitive South African shelves.

This week, founder and CEO, Ketshephaone Jacob said the company’s expansion plans were nearing financial close.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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