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Business conference to charge Botswana’s high income economy dream

Botswana ‘s private sector mouth piece  Business Botswana(BB) in collaboration Government will next month  host the annual NBC(NBC) in  Francistown. The Conference is Botswana‘s major meet between government policy makers, stakeholders, business community and the entire private sector.

 The high level event provides a platform for interactive dialogue, views exchange and policy review on the country‘s economic transformation agenda. When briefing the media this week, Business Botswana (BB) revealed that the conference will spark conversations around pushing Botswana’s High income economy dream. Going into its second year in partnership with Botswana’s leading bank First National Bank Botswana (FNBB) the conference brings a revamped and charged platform for transformative engagement.

Bigger, better and more interactive the event will be held under the theme “Breakthrough a High-Income Botswana- the Role of the Private Sector in Charting the Path.”  The organizers In addition to the usual officiating and address by President Mokgweetsi Masisi, one of the new exciting features in this year’s conference is an intimate interactive session with president Maisi titled “A Conversation with the President” which will provide an opportunity for the business sector to hear President Masisi’s thoughts on the growth of business in Botswana.

When giving a brief overview of event organizing committee chairman of the NBC Tobake Kobedi said presentations and views exchanges will be deliberate on identifying economic paths to move Botswana from an upper middle income to a high income economy in line with Vision 2036. He said the conference will bring together top government officials and business leaders under one roof to formulate new ideas and craft new innovative paths that endeavor to transform Botswana‘s economy to export  and private sector led  

“The aim is to see broaden domestic investment and see Botswana businesses compete on global scale, “he said. Kobedi explained that the conference’s deliberation and discussions will be anchored around three key topics being Innovation, human Capital and the Small Medium Enterprises Sector.

He observed that  the NBC was alive to the private sector’s role  in gearing the country towards a high income economy and  by giving the business community  the platform reflect and facilitates  their participatory  role and contribution towards  the national Vision 2036. The conference has attracted a number of other partnerships and sponsorship such as Air Botswana and Botswana Railways as both entered in an agreement with Business Botswana to offer transportation for delegates and participants at tailor made packages.

 Kobedi also highlighted that Bank of Botswana will host the participants to a cocktail dinner on the sidelines of the conference at which De Beers Botswana Director and Vision 2036 Chairman Neo Moroka will deliver Key note address in a informal interactive discussion over meals and drinks.

Marketing and Communication Director at FNBB Obonye Malope noted that it was compelling for the bank to join forces with Business Botswana  again this year because FNB as a financial institution    was alive to efforts of propelling the country from middle income to a high income.  “We as FNBB are proud official partners of NBC, for the second time as we want to provide the private sector with innovative business solutions and want to be drivers of transformative economic development in the country," she said.


Malope reiterated that the conference theme was also speaking to FNBB's strategic commitment to foster growth and economic diversity from which all Batswana can and should benefit. Malope also noted that, "As the leading Bank in Botswana, we recognize the key role that we play in facilitating the growth of a more diverse economy. This is why we have partnered with the Ministry of Youth Empowerment, Sport and Culture Development to introduce a Youth Value Proposition that provides youth funded businesses with a solution that includes Transactional, Investment, Insurance and Lending products.

Malope further noted that FNBB as a business stands to benefit from a more developed, vibrant and high income economy that Botswana seeks to archive. “We are committed to using all of our spheres of influence  to contribute to this dream and this partnership with Business Botswana and Botswana Government to bring you this  impactful event  is one of a number of initiatives to this effect ,We also recognize that youth businesses have great and untapped potential to create employment and drive economic diversification and it is our responsibility as Botswana’s largest bank to help drive this” She said.

NBC Chairperson Kobedi also noted that other interesting features will be that of  Representatives from World Bank & Switzerland to share with Botswana on key areas and transformative go-how in archiving a high income economy.  “We will have presentations from the World Bank to lead us in unpacking the concepts of a high-income economy. Discussions around youth business and small to medium enterprise will also take the spotlight, as we explore how these can be mobilized to incorporate greater economic diversity for the country", said Mr Kobedi.

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Business

Food prices continue to rise, but at a slower rate

28th November 2022

Prices for cereals or staple foods in Botswana and other Southern African countries continue to rise at a slower pace, following trends in the global markets, according to the latest November 2022 Food Price Monitoring and Analysis by Food Agricultural Organization (FAO) of the United Nations.

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Business

Still doing business the old way?

18th November 2022

It’s time to get business done better with MTN Business Botswana’s ICT Solutions.

Running a digital businessMTN Business Solutions Botswana, popularly known as MTN Business is an Internet Service Provider. We are a subsidiary of MTN Group Limited, a multinational telecommunications Group headquartered in South Africa, which operates in 19 markets across Africa and the Middle East.

More and more, clients are looking for ways to keep their staff productive in a dynamically changing business environment. Whether your people are working from home, the office or abroad, there is a growing recognition that digitising your operations can offer unprecedented commercial value in flexibility, productivity and growth. This new, digital reality means that it is more important than ever to stay agile – if there is anything that can slow a business down, it is being burdened by othatld technology.

Having made substantial investments in fibre technology, high-speed terrestrial and undersea networks and new frequency spectrum across the markets wherein it operates, MTN is perfectly positioned to respond to this shift in the market.

A few years ago, MTN also made the decision to build an IP capable radio network for its mobile services, giving its core network the ability to seamlessly integrate with enterprise IP networks. The mobile towers deliver services to enterprise clients absolutely anywhere it has a network, shortening the last mile and removing complexity and cost.

Now there is increasing demand from clients to connect their remote sites in all areas, including rural and semi- rural. MTN has assisted clients with overcoming this connectivity hurdle, enabling their staff to get the job done wherever they are.
MTN’s evolution

For MTN, the focus has shifted from just being a core telecommunications services provider, towards also becoming a technology solutions provider. The service offering now also includes Unified Communications, Data Hosting and Cloud Solutions, Security-As-A-Service and Managed Network Services. The scope has changed to being client and industry specific, so the requirements and service portfolio vary from one client to the next. The expectation is that a company like MTN must respond to these challenges, helping clients to get business done better as they shift from old to new technologies.

As many businesses continue to grapple with a digitally dynamic world, they face new challenges that have to be solved. This environment will benefit those that are more digitally enabled and agile. It is a brave new world that will favour online over on-site, wireless over wired and fluid over formulaic. Businesses will seek out partners and suppliers that are every bit as flexible and forward-looking as they are.
Ultimately, clients need partners like MTN Business that will invest in infrastructure, deliver the services they require, have market credibility, are financially sound and have a long-term commitment to their market presence.

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Business

BIE to vitalize the Dignity of Engineers

9th November 2022

Botswana Institution Of Engineers (BIE), has last week hosted a gala dinner in  which they appreciated engineers who worked tirelessly and with dedication for 10 years from 1983 to steer the BIE to its current status.

The event that was held at the Phakalane Golf Estate had brought together young, experienced and veteran engineers and was held under the theme “Vitalize the dignity and eminence of all professional engineers”.

Explaining the theme, the institution’s treasurer, Thanabalasingam Raveendran said that engineers were looked upon reverentially with respect as the educated but with time it seems to have deteriorated. He indicated that there is a need to change the narrative by all means.

“The BIE exists for the welfare and the betterment of us Botswana engineers, we need to recognize specialised units within our Institution. We Engineers strongly believe in Engineers make it happen” Raveendran said.

He indicated that under the theme they appeal to all engineers to energize, to attain quality of being worthy of honour and respect and to achieve recognized superiority amongst the Society.

Raveendran stated that engineers need to ensure their end product is of good quality satisfying the end users expectations and engineers must be honest in their work.

“Approximately 8000 engineers registered with Engineering Regulatory Board (ERB) are not members of the BIE, engineers need to make every effort to recruit them to BIE” he said.

He alluded that BIE being a society, it currently needs to upgrade itself at par with professional institutions elsewhere like the UK and USA.

He further stated that BIE has to have engineering units of specialised disciplines like Civil/Mechanical/electrical etc

“As President Masisi indicated in his inaugural speech, the young people, who make 60 percent of the population of this country, are the future leaders and therefore investing in them is building the bridge to the future” said Raveendran

Kandima indicated that BIE has a memorandum of Understanding with Engineers Registration Board (ERB), where BIE is a recognised provider of CPD training, mentorship programmes and more importantly IPD undertaking to upgrade the skills and know-how of our engineers.

“For us to achieve our mandate and make worthwhile changes to engineering in Botswana, we have to be totally focused and act with intent” said Kandima.

Furthermore, Stephen Williams, past president of the BIE from 1986-1988 told the engineers that  the BIE provides a fertile environment where they can meet, share ideas and grow professionally.

“The BIE is also a nesting place for graduate engineers to learn from their peers and seniors, it also cater for engineering technicians and technologists and so nobody in the technology field is left out” he said.

He further indicated that Botswana Government provides a conductive environment for growth of engineering professionals.

“It must be stated that the Botswana Government recognises the existence of BIE and it can further be stated that the government enables ERB to carry out its mandate as a regulator of engineering professionals” said Williams

He plead with engineering companies to recognize and support BIE as it is the only source of engineering personnel’s for various Industries .

Furthermore, when giving his farewell speech, Michael Pinard , a past president of the institution  said how they are viewed as engineers by the general public might be due to some lack of appreciation as to exactly what role they play in the development of the country.

“The BIE slogan is aptly coined-Engineers make it happen, in other words, what man dreams engineers create” Said Pinard.

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