the monitor

Trade ministry reassures school uniform industry

Manake PIC: KENNEDY RAMOKONE
Manake PIC: KENNEDY RAMOKONE

Up to 85% of small and medium-sized enterprises (SME) in Botswana fail within the first five years of operation due to inadequate market access and lack of financing, studies have shown.

In most instances, a record-high number of SMEs have been indicated to fail within their early years of conception.

Usually, SMEs require growth and expansion which can come if businesses have access to markets beyond their borders. Often at times, entities that can identify cross-border markets are those with a dedicated research department, however, due to cost requirements, SMEs do not have the finances to invest in a dedicated research department to prospect for markets.

Editor's Comment
Get back what was stolen, and lock the door

That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...

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