Limkokwing University Worldwide launched its first West African campus in Sierra Leone on 18th March 2017, after establishing three other campuses in the African countries of Botswana, Lesotho and Swaziland.
Limkokwing University’s latest campus is situated along Hill Station Road in the capital city of Freetown. The University had the honour of being Sierra Leone’s first foreign university offering creativity-centred courses with a pioneer cohort of 1,100 students. The University launch event which was themed “Transformation of Sierra Leone” as officiated by the President of the Republic of Sierra Leone HE Dr Ernest Bai Koroma, who declared Limkokwing University Sierra Leone’s National University of Transformation and appointed the University Founder & President Tan Sri Limkokwing Advisor to the President.
A Significant Milestone
In his speech during the launch, President of Sierra Leone Dr. Ernest Bai Koroma said the opening of Limkokwing University’s local campus in the country is set to transform the tertiary education landscape of the nation. “The opening of the university campus will help meet our country’s high demand for graduates in the field of digital technology.” Dr. Koroma also praised Limkokwing University’s Founder and President Tan Sri Dato’ Sri Paduka Dr. Lim Kok Wing for seeing African countries beyond the stereotypical image often presented in the media.
Tan Sri Limkokwing meanwhile said the University’s branch campus’ main role in the country will be to use education as a means to help in the social and economic transformation of Sierra Leone. “In establishing ourselves here, we have given ourselves the role of a global connector in promoting Sierra Leone, making use of the resources of our campuses across the world and the collegial network we have built, we shall work to bring the world to Sierra Leone and take Sierra Leone to the world.”
Tan Sri Lim also added that Limkokwing University has begun the process of transformation by creating the most high-tech learning environment to empower students with the latest in digital technology. This is in line with the University’s vision to create graduates that will go on to become technology-savvy movers and shakers of the country. “Here at this University, a student from even the most remote part of Sierra Leone will become a technology competent individual who is creative and innovative.”
The opening of Limkokwing University in Sierra Leone puts the country that was on two years lockdown due to Ebola on a journey to accelerate human capital development and international competitiveness. The University will start with the empowerment of the nation’s best and brightest young citizens with efforts to build a generation of creative thinkers and innovative doers and nurture an inspired generation of highly skilled, knowledgeable, tech-savvy with a global outlook.
Limkokwing University has embraced the TVET (Technical Vocational Educational Training) model of education from the outset and long before it entered into the global educational lexicon. The University TVET Model has taken the partnership of industry with academic to new pioneering levels and has afforded to industry a dynamic and impacting role on curriculum development and in ensuring that the University’s courses deliver industry ready graduates.
Most Globally Connected
Limkokwing is the first Malaysian institution of higher learning to give education new perspectives that respond to changing demands of globalisation. For students, the opportunity to study in one university and access three continents is to be empowered with knowledge and skills required by today’s globalised world. Through its globalisation initiatives, the University has set up campuses in the UK, China, Cambodia, Indonesia, Botswana, Lesotho, Swaziland and Sierra Leone to create a unique pathway spread across three continents.
Limkokwing University’s main campus in Malaysia is an eco-system with a vibrant community of students from 160 countries. This lays the foundation of networking with positive impact locally and globally. As the leading provider of industry-focused education, this enables students to develop the knowledge needed for high-impact and high-income careers.
The Limkokwing Global Campus is a groundbreaking initiative, which will create an international network of empowered global graduates with limitless opportunities in spanning countries and continents, disciplines and cultures to make positive contributions to a globalised world. It aims to train and empower the next generation of leaders and innovators within and beyond academia and industry.
Students who spend part of their studies at the Limkokwing London campus can access European capitals for a broader European experience. Graduates who have undertaken Limkokwing Global Campus, are the persona grata of the new world with the accreditation and acknowledgement of global recognition and acceptance because of their international exposure in their fields of study. With their international outlook and experience, top international corporations and companies would not hesitate to employ them and transcontinental global job opportunities await them upon graduation.
Limkokwing University is a global tertiary education provider that blends holistic education with industry-driven skills. Limkokwing University has a presence across Africa, Europe and Asia and has over 30,000 students from more than 150 countries, studying in its campuses across the three continents.
Botswana Telecommunications Corporation Limited (BTC) has announced that its 3rd Francistown Marathon will be held on Saturday 20th April 2024 at Obed Itani Chilume Stadium in Francistown. The BTC Francistown Marathon is officially recognised by World Athletics and a Comrades Marathon Qualifier will offer race categories ranging from 42.2km, 21.1 km, 10km, 5km fun run, 5km peace run for children and has introduced a 5km and 10km categories for wheelchairs athletics.
BTC also used this opportunity to announce beneficiaries who received donations from proceeds made from the 2nd BTC Francistown Marathon that was held on April 23rd 203. BTC donated a play area, plastic chairs and wooden tables for pupils worth a total of thirty eight thousand, one hundred and three pula, fifty thebe each (P38, 103.50) to Monarch Primary School, Tatitown Primary School, Mahube Primary School and Gulubane Primary School. Ditladi and Boikhutso clinics each received a donation of benches, television sets and 10, 000 litre water tanks worth thirty seven thousan, eight hundred and ninety eight pula (P 37, 898.00). Additionally, BTC also donated seventy thousand pula (P70,000.00) to their marathon technical partner, Francistown Athletics Club (FAC) which will be used for daily operations as well as to purchase equipment for the club.
The BTC Francistown Marathon aligns seamlessly with BTC’s corporate social investment programme, administered through the BTC Foundation. This programme is a testament to BTC’s dedication to community development, focusing on key areas such as health promotion. The marathon, now in its third year, not only promotes a healthy lifestyle but also channels all proceeds to carefully chosen charities as part of BTC’s commitment to impactful and sustainable projects.
Speaking at the launch, the BTC Managing Director Mr Anthony Masunga stated that the marathon underscores BTC’s commitment to community upliftment and corporate social investment. He stated that “the annual event which has been in existence since 2016, having taken a break due to the covid and other logistical issues, is instrumental to the economic upliftment of the city of Francistown”. He congratulated all the beneficiaries for having been nominated to receive the donations, adding that “the donation of proceeds from the 2023 marathon aims to highlight BTC’s commitment and heart for Batswana and our continued impact in the different industries”.
He further stated that through this marathon, “we demonstrate our steadfast commitment to having a good influence on our communities, this event is a manifestation of our dedication to promoting education and a healthier, more active society”. He concluded by stating that “BTC looks forward to another successful marathon that will leave a lasting positive influence on the greater Francistown community and the country at large” he said.
Giving welcome remarks, the Councillor for Donga, Honourable Morulaganyi Mothowabarwa stated that “he is ecstatic that BTC is collaborating with the City of Francistown on yet another installment of the Marathon”. He continued to offer his support to BTC to enable this marathon to continue over the coming years, stating that the “CSI element is a welcome development that helps empower our communities”, he said.
The 3rd BTC Francistown Marathon is officially open for registrations and athletes may use the following platforms to register and pay; through Smega by dialling *173# and choosing opton 5, then choose Option 3 for the Francistown marathon, at any BTC store or by visiting the BTC website and clicking on the BTC Francistown Marathon and choosing the relevant options.
Thapelo Letsholo, Member of Parliament for Kanye North, delivered a moving speech at the United Nations International Anti-Corruption Day commemoration, praising President Dr. Mokgweetsi Eric Keabetswe Masisi’s digitalization initiative in the fight against corruption. Letsholo highlighted the importance of embracing digitalization in governance as a crucial step in curbing corrupt practices.
According to Letsholo, the implementation of digital systems in government services can significantly reduce direct interactions between citizens and officials, which often serve as fertile grounds for corruption. By minimizing these opportunities for illicit activities, the efficiency and transparency of public services can be enhanced. Letsholo pointed to Estonia’s success in digital governance as an example, where public services have become more transparent, accessible, and efficient.
The MP commended President Masisi’s commitment to digitalization and E-Governance, emphasizing that it aligns with global anti-corruption standards. He called for full support and active participation from all sectors to ensure the success of this initiative.
Letsholo also stressed the importance of improving detection methods and refining whistleblower laws to effectively combat corruption. He highlighted the unseen and unspoken facets of corruption as its lifelines, emphasizing the need for robust detection mechanisms and a system that encourages and protects whistleblowers.
Addressing the societal role in fighting corruption, Letsholo focused on the crucial role of everyday citizens and civil servants who often witness corrupt practices firsthand. He acknowledged the existing reluctance to report corruption due to the perceived risks of repercussions. To change this narrative, Letsholo advocated for creating an environment where staying silent is deemed more detrimental than speaking out. He called for a cultural shift where the potential benefits of exposing corruption outweigh the risks, ensuring that whistleblowers are protected and feel secure in coming forward.
Letsholo called for collective responsibility and action in creating a system that not only detects and reports corruption but also supports those who stand against it. He expressed hope that under President Masisi’s digitalization initiatives, the future of governance in Botswana will be characterized by integrity, transparency, and accountability. Letsholo’s speech resonated with the sentiments of hope and determination that permeated the commemoration, emphasizing the need for unity in the fight against corruption.
In summary, Letsholo lauded President Masisi’s digitalization initiative in the fight against corruption, highlighting its potential to curb corrupt practices, enhance efficiency and transparency in public services, and align with global anti-corruption standards. He emphasized the importance of improving detection methods, refining whistleblower laws, and creating an environment where speaking out against corruption is encouraged and protected. Letsholo called for collective responsibility and action in creating a future characterized by integrity, transparency, and accountability in governance.
FaR Property Company (FPC) Limited, a property investment company listed on the Botswana Stock Exchange, has recently announced its exceptional financial results for the year 2023. The company’s property asset value has risen to P1.47 billion, up from P1.42 billion in the previous year.
FPC has a diverse portfolio of properties, including retail, commercial, industrial, and residential properties in Botswana, South Africa, and Zambia. The company owns a total of 186 properties, generating rental revenues from various sectors. In 2023, the company recorded rental revenues of P11 million from residential properties, P62 million from industrial properties, and P89 million from commercial properties. Overall, the company’s total revenues increased by 9% to P153 million, while profit before tax increased by 22% to P136 million, and operating profit increased by 11% to P139 million.
One notable achievement for FPC is the low vacancy rate across its properties, which stands at only 6%. This is particularly impressive considering the challenging trading environment. The company attributes this success to effective lease management and the leasing of previously vacant properties in South Africa. FPC’s management expressed satisfaction with the results, highlighting the resilience of the company in the face of ongoing macroeconomic challenges.
The increase in profit before tax can be attributed to both an increase in income and effective control of operating expenses. FPC managed to achieve these results with fewer employees, demonstrating the company’s efficiency. The headline earnings per linked unit also saw an improvement, reaching 26.92 thebe, higher than the previous year.
Looking ahead, FPC remains confident in its competitiveness and growth prospects. The company possesses a substantial land bank, which it plans to develop strategically as opportunities arise. FPC aims for managed growth, focusing on consumer-driven developments and ensuring the presence of supportive tenants. By maintaining this approach, the company believes it can sustainably grow its property portfolio and remain competitive in the market.
In terms of the macroeconomic environment, FPC noted that inflation rates are decreasing towards the 3% to 6% range approved by the Bank of Botswana. This is positive news for the company, as it hopes for further decreases in interest rates. However, the fluctuating fuel prices, influenced by global events such as the war in Ukraine and oil output reductions by Russia and other Middle Eastern countries, continue to impact businesses, including some of FPC’s tenants.
FPC’s property portfolio includes notable assets such as a shopping mall in Francistown with Choppies Hyper as the anchor tenant, Borogo Mall located on the A33 main road near the Kazungula ferry crossing, and various industrial and commercial properties in Gaborone leased to Choppies, Senn Foods, and Clover Botswana. The company also owns a shopping mall in Mafikeng and Rustenburg in South Africa.
The majority of FPC’s properties, 85%, are located in Botswana, followed by 12% in South Africa and 3% in Zambia. With its strong financial performance, competitive position, and strategic land bank, FPC is well-positioned for continued growth and success in the property market.