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Botswana’s Strive for High Income Economy – Billionaire Advice from Masiyiwa

A highly charged event, attended in large numbers by young people hungry for a billionaire advice from Zimbabwe’s wealthiest man Strive Masiyiwa alongside Botswana President Mokgweetsi Masisi.

Many of the attendants were youthful entrepreneurs or aspiring to be one, leading the take home lessons from the Telecom tycoon was a push for young people‘s venture into ICT businesses. An embodiment of ICT and digital business world himself, Strive who is the founder of Mascom Wireless, Botswana leading mobile network services provider and Charmin of Econet Group, a pan African telecommunication giant says entrepreneurship is about providing solutions to everyday challenges.  Held under the theme "Unlocking youth entrepreneurship through knowledge based economy” Masiyiwa was in Botswana at the invitation of President Masisi.

Amongst other discussions between the two, Africa’s newest Billionaire committed to investing in fiber Internet and training in Botswana, starting in the next few months. Lamenting on the proposition President Masisi noted that this would mean easy and affordable internet access to Batswana and more jobs opportunities for young people. President Masisi announced that a model for the deal is currently being developed and investment will be sealed by next week.

Strive Masiyiwa who started his entrepreneurship journey when he was only 25 says he had been running a business from 1986 to 1993 when he came to the realization that telecommunications was needed in Africa. In 1997, he sold his belongings and came to Botswana. Wrestling against some top industry players including Vodacom in order to bring a mobile telecommunications service to Botswana ,in his pitch to Government , Strive projected that he would have 120 000 subscribers within the first 5 years. Prior to the Tuesday meeting Mr Masiyiwa shared on his social media platforms that his plan was to list Mascom wireless after acquiring majority shareholding.

“I never stopped being a shareholder of the company at any time, and it’s now been 21 years. This is my baby, A few months ago I approached MTN, and told them I now have the money to buy the shares that they originally bought from me and wanted to exercise my right to buy them out as per our original agreement.” He revealed

Masiyiwa says he will soon have majority shareholding of a company he started over 2 decades ago as Masiyiwa Communications.”After a few months of negotiating with MTM, we reached a deal. I’m paying them $300m equivalent to P3 billion , which means they have done very well, as they originally paid less than $70m , P700 million.” he said

Masiyiwa says as soon as he completes the acquisition of the MTN shares in what he hope will be the biggest public listing ever undertaken in Botswana, he to sell shares to anyone who can raise about 100 Pula (about $10). “I have already instructed our management to begin a sale process to ordinary Botswana citizens” he says

The Zimbabwean Billionaire also revealed his proposal to other shareholder being Botswana Public Officers Pension Fund (BPOPF) “I have also suggested to our partner, the Botswana Public Officers Pension Fund (BPOPF), to also sell some of its own shares directly to their members, thousands of civil servants. It is actually possible to set up a scheme in which the civil servants buy shares, using deductions on their salaries.

They can also restrict trading of such shares amongst themselves” he said. At the Tuesday meeting President Mokgweetsi Masisi that his administration will have more engagements with business people who are willing to invest in Botswana for betterment of lives of Batswana and transforming Botswana’s economy from an upper middle income to a high income economy “We have committed ourselves to leveraging on information technology as a key contributor to economic growth and employment creation whilst also enabling an efficient and effective private sector” he said.

Masisi noted that Botswana‘s Vision 2036 also recognizes the importance of investment in research, science, technology and innovation to enable the country’s transformation to knowledge based economy. “In this context, we have spelt out in our National Vision that an enabling environment, including digital access and a relevant regulatory framework will be improved to enable the development of a private sector led ICT industry”

President Masisi told hundreds of attending youth that Government was committed to the development of the national high speed Information and Communications Technology (ICT) infrastructure to enable and facilitate the provision of online services, applications and content. “We are also committed to a knowledge based economy which will contribute in no small measure, to our concerted efforts of diversifying our economy thus creating employment for the youth” he said.

However contrary to jubilant welcome and positive feedback from Batswana regarding Strive Masiyiwa’s visit, Leader of Opposition Duma Boko rubbished the town hall meeting as a waste of time. Boko says Masiyiwa is a business man who is anti democracy and pro government exploitation and ruthless capitalistic dealings “Strive Masiyiwa is the same man who cut internet in Zimbabwe to silence hundreds of thousands of Zimbabweans when they were protesting against his friend President Mnangangwa” said Boko when addressing a UDC rally in Masunga this opining that Botswana can make its millionaires without the help of anyone. “If a Zimbabwean like Strive can be a billionaire so can an ordinary Motswana from Masunga, we don’t need Masiyiwa here, since he founded Mascom, what has he done for Botswana?” said Boko

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BODANSA strikes gold with a handsome P45K windfall from Turnstar Holdings

27th February 2024

The Botswana DanceSport Association (BODANSA) has been graced with a financial boon of P45,000 courtesy of Turnstar Holdings. This generous endowment is earmarked for the illustrious Botswana International Dance Sport Grand Prix Championships, which are scheduled to animate Gaborone from Friday to Saturday.

At a media engagement held early today, BODANSA’s Marketing Maestro, Tiro Ntwayagae, shared that Turnstar Holdings Limited has bestowed a gift of P45,000 towards the grand spectacle.

“We are thrilled to announce that this backing will enable us to orchestrate a cultural soirĂ©e at the Game City Marque locale, a night brimming with cultural fervor set for March 1, 2024, from 6pm to the stroke of midnight.

This enchanting space will also serve as the battleground for the preliminaries of traditional dance ensembles—spanning the rhythmically rich Setapa to the euphoric beats of Sebirwa, the spirited Seperu, the heavenly Hosana, and more—in a competition folded into the Traditional Dance Groups Category. The ensemble that dances into the judges’ hearts will clinch a grand prize of P10,000,” elaborated Ntwayagae.

He further illuminated that the cultural eve would not only celebrate traditional melodies but also the fresh beats of contemporary dance variants including Hip Hop, Sbujwa, Amapiano, among others, in a dazzling display of modern dance mastery.

Moreover, these championships carry the prestigious recognition by the World DanceSport Federation as a qualifying round for the Breakdance category for the Paris 2024 Olympics. “This is a monumental opportunity for athletes to leap towards their Olympic dreams during one of the penultimate qualifiers,” underscored Ntwayagae.

Looking ahead to March 2, 2024, the festivities will propel into the University of Botswana Indoor Sports Arena for the championship’s climactic showdowns encompassing Breakdance, Latin, and Ballroom Dancing.

 

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Government of Botswana yet to sign, ratify the UN-CRPD

26th February 2024

In Botswana, a beacon of democracy in Africa, the right to participate in the political discourse is a cornerstone of its societal structure. It’s an avenue through which citizens shape the rules and systems that govern their everyday lives. Despite this, recent studies indicate that Individuals with Disabilities (IWDs) are notably absent from political dialogues and face substantial hurdles in exercising their democratic freedoms.

Research within the nation has uncovered that IWDs encounter difficulties in engaging fully with the political process, with a pronounced gap in activities beyond mere voting. The call for environments that are both accessible and welcoming to IWDs is loud, with one participant, who has a physical disability, spotlighting the absence of ramps at voting venues and the dire need for enhanced support to facilitate equitable involvement in the electoral process.

The challenges highlighted by the study participants pinpoint the structural and social obstacles that deter IWDs from participating wholly in democracy. The inaccessibility of voting facilities and the lack of special accommodations for people with disabilities are critical barriers. Those with more significant or intellectual disabilities face even steeper challenges, often feeling marginalized and detached from political engagement.

To surmount these obstacles, there is an urgent appeal for Botswana to stride towards more inclusive and accessible political stages for IWDs. This necessitates a committed effort from both the government and relevant entities to enforce laws and policies that protect the rights of IWDs to partake in the political framework. Enhancing awareness and understanding of the political landscape among IWDs, alongside integrating inclusive practices within political entities and governmental bodies, is crucial.

By dismantling these barriers and nurturing an inclusive political environment, Botswana can live up to its democratic ideals, ensuring every citizen, regardless of ability, can have a substantive stake in the country’s political future.

 

 

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People with Disabilities Face Barriers to Political Participation in Botswana

23rd February 2024

Individuals challenged by disabilities encounter formidable obstacles when endeavoring to partake in political processes within the context of Botswana. Political involvement, a cornerstone of democratic governance, empowers citizens to shape the legislative landscape that impacts their daily existence. Despite Botswana’s reputation for upholding democratic ideals, recent insights unveil a troubling reality – those with disabilities find themselves marginalized in the realm of politics, contending with substantial barriers obstructing the exercise of their democratic liberties.

A recent inquiry in Botswana unveiled a panorama where individuals with disabilities confront hurdles in navigating the political arena, their involvement often restricted to the basic act of voting. Voices emerged from the study, underscoring the critical necessity of fostering environments that are accessible and welcoming, affording individuals with disabilities the active engagement they rightfully deserve in political processes. Noteworthy was the account of a participant grappling with physical impairments, shedding light on the glaring absence of ramps at polling stations and the urgent call for enhanced support mechanisms to ensure an equitable electoral participation.

The echoes reverberating from these narratives serve as poignant reminders of the entrenched obstacles impeding the full integration of individuals with disabilities into the democratic tapestry. The inaccessibility of polling stations and the glaring absence of provisions tailored to the needs of persons with disabilities loom large as formidable barricades to their political engagement. Particularly pronounced is the plight of those grappling with severe impairments and intellectual challenges, who face even steeper hurdles in seizing political participation opportunities, often grappling with feelings of isolation and exclusion from the political discourse.

Calls for decisive action cascade forth, urging the establishment of more inclusive and accessible political ecosystems that embrace individuals with disabilities in Botswana. Government bodies and concerned stakeholders are urged to prioritize the enactment of laws and policies designed to safeguard the political rights of individuals with disabilities. Furthermore, initiatives geared towards enhancing awareness and education on political processes and rights for this segment of society must be spearheaded, alongside the adoption of inclusive measures within political institutions and party structures.

By dismantling these barriers and nurturing a political landscape that is truly inclusive, Botswana can earnestly uphold its democratic ethos and afford every citizen, including those with disabilities, a substantive opportunity to partake in the political fabric of the nation.

 

 

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