Connect with us
Advertisement

Olopeng jump starts ‘Millionaires Club’

The Minister of Youth Empowerment, Sport and Culture Development, Thapelo Olopeng is keeping good to his promise of producing at least five millionaires by the end of his tenure as minister. He recently launched the ‘Millionaires’ Club’ in Gaborone.


This week the Minister confirmed that he recently launched the Club and the target still stands at 5 millionaires to be produced during his tenure as the Minister of Youth Empowerment, Sport and Culture Development. “I have officially launched the club and it consists of 15 members from different sectors. I am currently overwhelmed with hundreds of requests from other young people who want to be part of this club; unfortunately I can only mentor a few. These young people are, upon hitting the target, expected to mentor other young people to rise to their ranks,” said Olopeng.


Some names that appear in Minister Olopeng’s list include those from the arts, film, agriculture, information and technology, engineering and other sectors. Johnson Otlaadisa, a television production and arts enthusiast; Molefhi Nkwete, a clothing and label apparel businessman; Thabang  Palai, who is into property development; Malebogo Marumoagae, a former beauty queen, now business lady is also in the mix; and so is Gadzanani Makopola, another businessman, are some of the young people the Minister is mentoring to become millionaires by value.


Explaining the objective of this club, Minister Olopeng said among other reasons, he intends to provide members of the Club with business and professional mentorship. Furthermore he intends to bring renowned local and foreign entrepreneurs to educate these young people and change their mindset to become successful entrepreneurs.


“They will be taught to see challenges as opportunities for them to succeed. For example, most Silicon Valley entrepreneurs started from their garages and our young people need to know how they can navigate around obstacles to run successful enterprises. They shouldn’t see physical space and lack of capital to operate their businesses as an obstacle,” opined Olopeng. The Minister said he is very passionate about the Millionaires Club because it has the potential to be a spring board for a number of great things such as employment creation, “which obviously pushes the economy in the right direction.”


In Parliament recently, Minister Olopeng observed that the majority of the Botswana population consists of young people and therefore if the government does not invest in them, it runs the risk of having an elderly population that is unable to support itself owing to missed opportunities. Olopeng said it is imperative that all efforts are made to tap into the energy and creativity of the young people and to further develop them into model citizens to enhance their competitiveness globally.


Still on the Millionaires Club, Olopeng said in addition to mentorship, he also wants members of the Club to have access to a network of local and foreign entrepreneurs, in order for them to expand their current network. “I believe that business can only grow to a great success if the network is right and if the entrepreneur has access to a successful mentor. Among other things, the club will provide members with investment opportunities, which will see them growing their portfolios. I believe that through sound investments, our young people will enlarge their portfolios and grow into millionaires and billionaires,” he said.


Olopeng explained his version of millionaires; he said he believes that millionaires are not determined by the amount of cash in their bank accounts or how much they can spend in shops and restaurants. He subscribes to the view point that Millionaires are determined by the value of their assets. “That’s why we are talking about investment portfolios and opportunities. I want members of this club to be financially disciplined and above all, to preserve their integrity.”


The Minister is worried by a nagging trend among young people, “One of the challenges facing young people is that after winning a P1 million, they rush to become flamboyant, and want to be seen driving expensive cars and living large. Of course there is nothing wrong with that, but I want to teach members of my club to know what to do with their money,” said Olopeng.

His Ministry already has programmes meant to empower young people, but over the years the Ministry has observed high defaulter rate with the Young Development Fund and other similar initiatives. In some instances young people are given money to start worthy causes only for them to diver the money to flashy lifestyles – which has always proved to be a temporary thing. With the Millionaires Club, Olopeng said he is determined to provide dedicated mentoring that will instill both business and social ethos to the group of 15 and ultimately raise the targeted five millionaires.


Olopeng vows to increase mentees


According to the Minister, in the near future, he wants to increase the number of the Millionaires Club members to 30 in order to provide this opportunity to others who will also be assisted up the ladder. He said the current ratio of members is more men than women – this increase should see more women coming into the club.


“Members of this club are very excited to be part of it, and they are looking forward to providing solutions to their challenges. They have expressed readiness to rise to occasion. As I said earlier, members are taught to look at challenges as opportunities, and not to see them as stumbling blocks,” he said.


Olopeng said he is very excited to work with this group of young people. He is of the view that they have positive characters, amazing energy and the right attitude to succeed and grow. He said he also determined to help them grow beyond their actual potential.

Continue Reading

News

Gov’t shy to shame failing ministers

22nd February 2021
Morwaeng

Minister of Presidential Affairs, Governance and Public Administration, Kabo Morwaeng together with Permanent Secretary to the President (PSP) Elias Magosi, this week refused to name and shame the worst performing Ministries and to disclose the best performing Ministries since beginning of 12th parliament including the main reasons for underperformance.

Of late there have been a litany of complaints from both ends of the aisle with cabinet members accused of providing parliament with unsatisfactory responses to the questions posed. In fact for some Botswana Democratic Party (BDP) backbenchers a meeting with the ministers and party leadership is overdue to address their complaints. Jwaneng-Mabutsane MP, Mephato Reatile is also not happy with ministers’ performance.

This content is locked

Login To Unlock The Content!

Continue Reading

News

Bokamoso, Gov’t in P10M womb removal suit

22nd February 2021
Bokamoso

Bokamoso Private Hospital is battling a P10 million legal suit for a botched fibroids operation which resulted in a woman losing an entire womb and her prospects of bearing children left at zero.

The same suit has also befallen the Attorney General of Botswana who is representing the Ministry of Health and Wellness for their contributory negligence of having the unlawful removal of a patient, Goitsemang Magetse’s womb.

According to the court papers, Magetse says that sometimes in November 2019, she was diagnosed with fibroids at Marina Hospital where upon she was referred to Bokamoso Private Hospital to schedule an appointment for an operation to remove the fibroids, which she did.

Magetse continues that at the instance of one Dr Li Wang, the surgeon who performed the operation, and unknown to her, an operation to remove her whole womb was conducted instead.
According to Magetse, it was only through a Marina Hospital regular check-up that she got to learn that her whole womb has been removed.

“At the while she was under the belief that only her fibroids have been removed. By doing so, the hospital has subjected itself to some serious delictual liability in that it performed a serious and life changing operation on patient who was under the belief that she was doing a completely different operation altogether. It thus came as a shock when our client learnt that her womb had been removed, without her consent,” said Magetse’s legal representatives, Kanjabanga and Associates in their summons.

The letter further says, “this is an infringement of our client‘s rights and this infringement has dire consequences on her to the extent that she can never bear children again”. ‘It is our instruction therefore, to claim as we hereby do, damages in the sum of BWP 10,000,000 (ten million Pula) for unlawful removal of client’s womb,” reads Kanjabanga Attorneys’ papers. The defendants are yet to respond to the plaintiff’s papers.

What are fibroids?

Fibroids are tumors made of smooth muscle cells and fibrous connective tissue. They develop in the uterus. It is estimated that 70 to 80 percent of women will develop fibroids in their lifetime — however, not everyone will develop symptoms or require treatment.

The most important characteristic of fibroids is that they’re almost always benign, or noncancerous. That said, some fibroids begin as cancer — but benign fibroids can’t become cancer. Cancerous fibroids are very rare. Because of this fact, it’s reasonable for women without symptoms to opt for observation rather than treatment.

Studies show that fibroids grow at different rates, even when a woman has more than one. They can range from the size of a pea to (occasionally) the size of a watermelon. Even if fibroids grow that large, we offer timely and effective treatment to provide relief.

Continue Reading

News

Masisi warned against a sinking Botswana

22nd February 2021
Ndaba GAolatlhe

The Alliance for Progressives (AP) President Ndaba Gaolathe has said that despite major accolades that Botswana continues to receive internationally with regard to the state of economy, the prospects for the future are imperilled.

Delivering his party Annual Policy Statement on Thursday, Gaolathe indicated that Botswana is in a state of do or die, and that the country’s economy is on a sick bed. With a major concern for poverty, Gaolathe pointed out that almost half of Botswana’s people are ravaged by or are about to sink into poverty.  “Our young people have lost the fire to dream about what they could become,” he said.

This content is locked

Login To Unlock The Content!

Continue Reading
Do NOT follow this link or you will be banned from the site!