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Careerpool Premiers Innovative Column Botsa Careerpool

Lebogang Motubudi
Account Manager, Careerpool

Careerpool Botswana does it again! The website that has taken Botswana by storm with their online job board continues to shake things up in the human resources sector of Botswana. Job seekers have expressed great delight at the inception of the online job board that provides services to them for absolute free.

The allure of the site lies not only in the fact that it imposes zero tax on the job seekers pocket but more importantly in the way it uses the internet to bring job vacancy advertising straight to the market in real-time as vacancies are posted.

The job board has revolutionized the free-flow and cost implications of vacancy information posting in Botswana to insure that we are not left behind when it comes to use of Information Communication Technology (ICT) to streamline human capital practices. A great benefit to the modern job seeker and employer of Botswana.

The company however continues to seek new innovative ways to connect with Botswana’s labour market and effect positive change in the human resource (HR) market.  To this end, Careerpool will next week premier a new interactive column called Botsa Careerpool. The exciting new advice column will give readers advice in the style of a Sis Dolly or an Agony Aunt column about all matters that concern them.

The team at Careerpool is excited to deliberate on matters determined by the readers and envisage that questions will range from advice about job interviews, managing interpersonal relationships at the office perhaps or anything at all that its readers require advice on. How it works is simple, yet brilliant.

Readers of Botsa Careerpool will be able to anonymously submit questions to Botsa Careerpool will answer the question received right here on the WeekendPost. If you can think it, then Botsa Careerpool will answer it.

The column is Careepool’s interactive way of helping to clear up the murky waters that everyday people have to navigate through during their turbulent workdays. The idea of the column was inspired by the Live Chat platform the online job board provides its visitors.

The website receives over 10,000 visitors weekly (providing unparalleled mileage for company vacancies) and job seekers are able to chat directly to a representative of the job board and receive support in real-time. Support though, is generally directed around the use of the job board, with customer questions ranging from things like cost of signing up, updating of CV’s and setting up of job alerts.

The team felt they needed to find a more fun interactive way to really connect with the market and the column seeks to do just that. I for one cannot wait to read the kinds of issues the public raise and the Careerpool team promises to give quirky, fun yet meaningful advice to its readership. The column is definitely one to look out for.

The platform is open to the entire Botswana workforce and the fact that it is anonymous means one can enjoy reading advice directed to them without having the irritating colleague you wrote about suspecting a thing! So go on and engage Botsa Careerpool.

Send your questions today and receive worthwhile advice every Saturday on the WeekendPost.

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Jewellery manufacturing plant to create over 100 jobs

30th January 2023

The state of the art jewellery manufacturing plant that has been set up by international diamond and cutting company, KGK Diamonds Botswana will create over 100 jobs, of which 89 percent will be localized.

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Investors inject capital into Tsodilo Resources Company

25th January 2023

Local diamond and metal exploration company Tsodilo Resources Limited has negotiated a non-brokered private placement of 2,200, 914 units of the company at a price per unit of 0.20 US Dollars, which will provide gross proceeds to the company in the amount of C$440, 188. 20.

According to a statement from the group, proceeds from the private placement will be used for the betterment of the Xaudum iron formation project in Botswana and general corporate purposes.

The statement says every unit of the company will consist of a common share in the capital of the company and one Common Share purchase warrant of the company.

Each warrant will enable a holder to make a single purchase for the period of 24 months at an amount of $0.20. As per regularity requirements, the group indicates that the common shares and warrants will be subject to a four month plus a day hold period from date of closure.

Tsodilo is exempt from the formal valuation and minority shareholder approval requirements. This is for the reason that the fair market value of the private placement, insofar as it involves the director, is not more than 25% of the company’s market capitalization.

Tsodilo Resources Limited is an international diamond and metals exploration company engaged in the search for economic diamond and metal deposits at its Bosoto Limited and Gcwihaba Resources projects in Botswana.  The company has a 100% stake in Bosoto which holds the BK16 kimberlite project in the Orapa Kimberlite Field (OKF) in Botswana.

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Global CEOs Back Plan to Unlock $3.4 Trillion Potential of Africa Free Trade Area

23rd January 2023

African heads of state and global CEOs at the World Economic Forum Annual Meeting backed the launch of the first of its kind report on how public-private partnerships can support the implementation of the African Continental Free Trade Area (AfCFTA).

AfCFTA: A New Era for Global Business and Investment in Africa outlines high-potential sectors, initiatives to support business and investment, operational tools to facilitate the AfCFTA, and illustrative examples from successful businesses in Africa to guide businesses in entering and expanding in this area.

The report aims to provide a pathway for global businesses and investors to understand the biggest trends, opportunities and strategies to successfully invest and achieve high returns in Africa, developing local, sub-regional and continental value chains and accelerating industrialization, all of which go hand in hand with the success of the AfCFTA.

The AfCFTA is the largest free trade area in the world, by area and number of participating countries. Once fully implemented, it will be the fifth-largest economy in the world, with the potential to have a combined GDP of more than $3.4 trillion. Conceived in 2018, it now has 54 national economies in Africa, could attract billions in foreign investment, and boost overseas exports by a third, double intra-continental trade, raise incomes by 8% and lift 50 million people out of poverty.

To ease the pain of transition to its new single market, Africa has learned from trade liberalization in North America and Europe. “Our wide range of partners and experience can help anticipate and mitigate potential disruptions in business and production dynamics,” said Børge Brende, President, and World Economic Forum. “The Forum’s initiatives will help to ease physical, capital and digital flows in Africa through stakeholder collaboration, private-public collaboration and information-sharing.”

Given the continent’s historically low foreign direct investment relative to other regions, the report highlights the sense of excitement as the AfCFTA lowers or removes barriers to trade and competitiveness. “The promising gains from an integrated African market should be a signal to investors around the world that the continent is ripe for business creation, integration and expansion,” said Chido Munyati, Head of Regional Agenda, Africa, World Economic Forum.

The report focuses on four key sectors that have a combined worth of $130 billion and represent high-potential opportunities for companies looking to invest in Africa: automotive; agriculture and agroprocessing; pharmaceuticals; and transport and logistics.

“Macro trends in the four key sectors and across Africa’s growth potential reveal tremendous opportunities for business expansion as population, income and connectivity are on the rise,” said Wamkele Mene, Secretary-General, AfCFTA Secretariat.

“These projections reveal an unprecedented opportunity for local and global businesses to invest in African countries and play a vital role in the development of crucial local and regional value chains on the continent,” said Landry Signé, Executive Director and Professor, Thunderbird School of Global Management and Co-Chair, World Economic Forum Regional Action Group for Africa.

The Forum is actively working towards implementing trade and investment tools through initiatives, such as Friends of the Africa Continental Free Trade Area, to align with the negotiation process of the AfCFTA. It identifies areas where public-private collaboration can help reduce barriers and facilitate investment from international firms.

About the World Economic Forum Annual Meeting 2023

The World Economic Forum Annual Meeting 2023 convenes the world’s foremost leaders under the theme, Cooperation in a Fragmented World. It calls on world leaders to address immediate economic, energy and food crises while laying the groundwork for a more sustainable, resilient world. For further information,

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