Mmegi

Beyond loans: why SMEs need bankers who believe in their business

Modisagape
Modisagape

For many entrepreneurs, a bank is often seen as a place to deposit money, apply for loans or seek an overdraft when cash flow becomes tight. However, for Botswana's growing Small and Medium Enterprises (SMEs), the relationship between business owners and banks may be far more important than many realise.

This was the key message emerging from the latest Kgwebo Connect Series, where Tebogo Modisagape of Val Interiors highlighted how strong relationships between businesses and bankers can become a catalyst for growth.

Speaking during the discussion, Bank Gaborone Relationship Manager for Commercial Clients, Grace Pule, said many SMEs miss opportunities because they do not engage their banks beyond transactional banking.

Editor's Comment
Public servants deserve better than union infighting

‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and...

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