Minister of Youth, Sports and Culture, Thapelo Olopeng’s envisaged dream to produce at least five young entrepreneur millionaires during his tenure at the ministry could be well on track.
The minister, who has been buoyant on youth aligned policies, has said he will further ensure that a host of other young people succeeds in businesses.
Olopeng’s approach has been to loosen up on tight breakthrough pathways into business by making it easier for young people to venture into business especially their participation in public procurement.
Since taking over at the ministry from his predecessors Shaw Kgathi and Vincent Seretse, the Member of Parliament for Tonota has targeted reforms in policies so as to facilitate in thrusting youth into entrepreneurship.
Olopeng, who is also an established businessman, has said that part of his resolve is to ensure that youth-owned ventures with potential to expand to create more jobs are funded.
Speaking recently, the minister has noted that his move is aimed at businesses which were either previously funded through Youth Development Fund (FYD) or self-financed. “Already I have identified some ventures owned by young entrepreneurs who I will ensure that they get extra-funding for expansion,” he said.
Olopeng who is one of President Ian Khama’s trusted men has recently been making cabinet busy with some request to approve and grant their implementation. So far Olopeng seems like is getting his way with his ambitions.
Public Procurement and Assets Disposal Board (PPADB) this week revealed that it will start implementing Presidential Directive in relation to the registration of youth-owned business next week Monday. PPADB said the initiative, which is Olopeng’s brainchild is aimed at encouraging youth to play an active role in the economy and actively participate in public procurement and asset disposal.
Some of the initiatives include giving youth businesses the privilege of buying tender documents at half the price and also having their business being registered within 14 days.
Olopeng also announced the purchase of quad-bikes by his ministry last month and explained that the bikes will be used in different districts by officers to visit youth owned projects in different terrains. Olopeng admitted that government was facing problem of lack of transport hence his decision.
PPAD has however told this publication that currently there are no threshold for youth owned companies in public procurement but noted that there are several reservations schemes for 100% citizens owned companies such as the Economic Diversification Scheme (EDD), Local Procurement Scheme (LPS), and the recent Quick wins for Cabinet Directive for Youth Empowerment of 2015.
A Cabinet directive also this year resolved that 30 percent of cattle patrol tenders and 30 percent of cutline and fire break tenders are reserved for youth.
Due to lack of experience in business, youth owned business have found it difficult to break through in public procurement which is a highly competitive sector with various companies bidding for government works and services.
According to PPADB, youth who bid for government funded projects are entitled through LPS for a 3 percent price preference. This means the participating youth companies must meet all the set compliance, technical, quality and price requirements set in the tender document issued in a particular locality. This however does apply only to youth who are not based in towns and cities.
In Botswana, and mostly other developing countries, public procurement accounts to over 70 percent of the country’s Gross Domestic Product (GDP). This means without youth-owned business participation in the public procurement, their meaningful participation in the economy will remain minimal and insignificant.
This year, the ruling party passed a motion in parliament albeit resistance from opposition MPs, which phased out CEDA Young Farmers Fund replacing it with Youth Entrepreneurship Fund (YEF). Member of Parliament for Kgalagadi North Itumeleng Moipisi who presented the motion noted that the idea was to broaden the scope of funding for youth businesses.
Botswana Police Service (BPS) has indicated concern about the ongoing trend where the general public falls victim to criminals purporting to be police officers.
According to BPS Assistant Commissioner, Dipheko Motube, the criminals target individuals at shopping malls and Automated Teller Machines (ATMs) where upon approaching the unsuspecting individual the criminals would pretend to have picked a substantial amount of money and they would make a proposal to the victims that the money is counted and shared in an isolated place.
“On the way, as they stop at the isolated place, they would start to count and sharing of the money, a criminal syndicate claiming to be Criminal Investigation Department (CID) officer investigating a case of stolen money will approach them,” said Motube in a statement.
The Commissioner indicated that the fake police officers would instruct the victims to hand over all the cash they have in their possession, including bank cards and Personal Identification Number (PIN), the perpetrators would then proceed to withdraw money from the victim’s bank account.
Motube also revealed that they are also investigating a case in which a 69 year old Motswana woman from Molepolole- who is a victim of the scam- lost over P62 000 last week Friday to the said perpetrators.
“The Criminal syndicate introduced themselves as CID officers investigating a case of robbery where a man accompanying the woman was the suspect.’’
They subsequently went to the woman’s place and took cash amounting to over P12 000 and further swindled amount of P50 000 from the woman’s bank account under the pretext of the further investigations.
In addition, Motube said they are currently investigating the matter and therefore warned the public to be vigilant of such characters and further reminds the public that no police officer would ask for bank cards and PINs during the investigations.
Botswana Congress Party (BCP) leadership walked out of Umbrella for Democratic Change (UDC) National Executive Committee (NEC) meeting this week on account of being targeted by other cooperating partners.
UDC meet for the first time since 2020 after previous futile attempts, but the meeting turned into a circus after other members of the executive pushed for BCP to explain its role in media statements that disparate either UDC and/or contracting parties.
The Director General of the Directorate on Corruption and Economic Crimes (DCEC), Tymon Katlholo’s spirited fight against the contentious transfers of his management team has forced the Office of the President to rescind the controversial decision. However, some insiders suggest that the reversal of the transfers may have left some interested parties with bruised egos and nursing red wounds.
The transfers were seen by observers as a badly calculated move to emasculate the DCEC which is seen as defiant against certain objectionable objectives by certain law enforcement agencies – who are proven decisionists with very little regard for the law and principle.