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
Tana project a welcome development

Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...

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