Cries of the SMEs as economy tightens
Friday, October 31, 2025 | 110 Views |
Trying times: SMEs are during a difficult period due to the economic constraints PIC: MORERI SEJAKGOMO
On Wednesday, Absa Bank Botswana managing director, Keabetswe Pheko-Moshagane, reminded a gathering in Gaborone about the stark reality facing many Small to Medium Enterprises, especially those in their nascent stages.
According to the prominent banker, the failure rate amongst SMEs in the country remains at over 80%, with 60% failing within the first 18 months.
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...