mmegi

Botswana firms among finalists for Jack Ma’s $1.5m award

Waving the flag: Tafila and Katsiga
Waving the flag: Tafila and Katsiga

Two locally-based entrepreneurs have emerged among the top 50 finalists for the Africa’s Business Heroes competition, emerging from a group of 21,000 applications ranging from all across the continent.

The competition, now in its fourth edition, was established by the Jack Ma Foundation and is aimed at aims at supporting entrepreneurs who are not only building successful businesses, but who are also running mission driven organisations that generate growth for their local communities across Africa.

The Foundation behind the competition was established by Jack Ma, a Chinese magnate and entrepreneurial icon who co-founded Alibaba Group, the multinational tech group best known for its e-commerce platform.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

Have a Story? Send Us a tip
arrow up