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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
Consult, get buy-ins first for 6 to 6 policy, Hon Minister

While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...

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