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Careerpool and Kitsoworks Tackle Graduate Unemployment

Lebogang Motubudi
Account Manager, Careerpool

Careerpool is Botswana’s first commercially driven online job board. The website advertises vacancies available in companies as well as providing companies with a database of job seeker CV’s that they can search through and discover talent.

The platform was born out of a local need for job vacancy information to flow freely and be accessible to all through the use of information communication technology (ICT).

What makes this platform so crucial to our labour market is that it offers an electronic recruitment (e-recruitment) solution to human resource practitioners who seek to gain greater exposure for their vacancy posting function when recruiting for talent.

The further and wider that these individuals are able to “cast their net” so-to-speak, serves their purpose of finding the best possible candidate for the job.

The more channels of information dissemination they have at their disposal the greater the candidate response will be and the greater the quality of talent they will be able to choose from.

Careerpool provides a central repository for all jobs in Botswana through the use of ICT by providing a real-time platform that broadcasts vacancy information to individuals through a multitude of internet enabled devices.

And therein lies the beauty of the system as now job seekers don’t need to search through multiple company websites or buy a multitude of publications looking for job vacancy information.

This information now becomes accessible to them on the central location, careerpoolbotswana.com. Furthermore when job seekers have registered to the site they can setup job alerts which means vacancy information relevant to them now comes to them via e-mail.

Making job vacancy advertising a lot more effective for HR departments recruiting and making the search a lot less cumbersome for job seekers. It is an e-recruitment tool that is long overdue in Botswana.

Now the website has gone a step further in the goal to truly revolutionize recruitment in Botswana. By tackling an issue that our country is currently grappling with, graduate unemployment.

This is an issue that cannot be ignored and needs a coming together of minds to come up with solutions to alleviate and even eradicate the high numbers that it currently exists in. To this end Careerpool has partnered with Kitsoworks.com.

Graduates in Botswana are caught between a rock and a hard place and neither are very good places to be. The typical Motswana student leaves Form 5 with a great desire to succeed.

They are filled with optimistic energy that cannot be matched by somebody who has been working in the job market for a number of years. To ensure they have successful and fulfilling careers they work incredibly hard with great drive and tenacity as they enter the “big world of tertiary education”.

The point of it all, graduates are told, is to obtain good grades that will enable you to secure a position with a choice company, but this isn’t the case in Botswana today. So where is it all going wrong?

There is a distinct gap between being a graduate and becoming an employee – it is critical to the growing economy of Botswana that this gap is closed. Companies need to realize that their HR needs of tomorrow will be met by the graduates of today.

 It is in their best interest to find new ways of making more roles accessible to the graduate pool and make job advertisements more accessible to this integral group.

There are companies that are making an effort to correct this disparity between employed and unemployed graduates but the limited flow of information about jobs and not having a central repository puts their efforts as well as Botswana and its graduates, at a great disadvantage.

Enter KitsoWorks a Youth Empowerment program setup through a strategic collaboration agreement with Microsoft Corporation and the Botswana Innovation Hub (BIH) through which a Microsoft Innovation Centre (MIC) has been setup within the BIH. KitsoWorks is a YouthSpark and 4Afrika initiative that provides youth with exclusive access, via internet and mobile phone, to courses to develop their professional skills and boost employment.

A platform with a job search function, youth mentoring as well as social and professional networking. The program is rolled out in conjunction with Ministries of Youth and Labour, donor organizations and lead NGOs.

The site boasts a full ecosystem to support workforce development across Botswana for job research and professional skill enhancement online, on the ground and via a mobile function.

It offers a fully inclusive experience which provides career planning resources for visitors to identify their career path and their training gap compared to organizational requirements.

It offers extensive training options for different skills customized to specific target groups and jobs, directing visitors to online and physical locations where they can identify the jobs available, and help them prepare their applications.

As we all know, part of the graduate problem is caused by the fact that not enough graduates are opening their own businesses. KitsoWorks also seeks to stoke the entrepreneurial fire that exists within its clients.

Within the portal, the entrepreneur section includes BYB, a Microsoft Citizenship program for micro and small entrepreneurs to help them promote skills training and create new businesses through cutting-edge tools. BYB is there to help them leverage productivity and technology tools to grow their own companies.

This wonderful initiative was implemented by the good people at the Department of National Internship Program and needs the support of all relevant stakeholders. The synergy that exists between Careerpool and KitsoWorks is undeniable.

The strategic partnership will increase the visibility and accessibility of both sites’ interwoven objectives and further boost the efficacy of the platforms. The digital era is upon us and this means partnerships like this will put us in good stead to solve the socio-economic problems of today and the future through the active use of cost effective ICT solutions available to the market.

To learn more about Careerpool and KitsoWorks simply go to their websites; careerpoolbotswana.com and kitsoworks.com.

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Business

Matsheka seeks raise bond program ceiling to P30 billion

14th September 2020
Dr Matsheka

This week Minister of Finance & Economic Development, Dr Thapelo Matsheka approached parliament seeking lawmakers approval of Government’s intention to increase bond program ceiling from the current P15 Billion to P30 billion.

“I stand to request this honorable house to authorize increase in bond issuance program from the current P15 billion to P30 billion,” Dr Matsheka said. He explained that due to the halt in economic growth occasioned by COVID-19 pandemic government had to revisit options for funding the national budget, particularly for the second half of the National Development Plan (NDP) 11.

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Business

Lucara sits clutching onto its gigantic stones with bear claws in a dark pit

14th September 2020
Lesedi La Rona

Botswana Stock Exchange (BSE) has this week revealed a gloomy picture of diamond mining newcomer, Lucara, with its stock devaluated and its entire business affected by the COVID-19 pandemic.

A BSE survey for a period between 1st January to 31st August 2020 — recording the second half of the year, the third quarter of the year and five months of coronavirus in Botswana — shows that the Domestic Company Index (DCI) depreciated by 5.9 percent.

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Botswana Diamonds issues 50 000 000 shares to raise capital

14th September 2020
Diamonds

Botswana Diamond PLC, a diamond exploration company trading on both London Stock Exchange Alternative Investment Market (AIM) and Botswana Stock Exchange (BSE) on Monday unlocked value from its shares to raise capital for its ongoing exploration works in Botswana and South Africa.

A statement from the company this week reveals that the placing was with existing and new investors to raise £300,000 via the issue of 50,000,000 new ordinary shares at a placing price of 0.6p per Placing Share.

Each Placing Share, according to Botswana Diamond Executives has one warrant attached with the right to subscribe for one new ordinary share at 0.6p per new ordinary share for a period of two years from, 7th September 2020, being the date of the Placing Warrants issue.

In a statement Chairman of Botswana Diamonds, John Teeling explained that the funds raised will be used to fund ongoing exploration activities during the current year in Botswana and South Africa, and to provide additional working capital for the Company.

The company is currently drilling kimberlite M8 on the Marsfontein licence in South Africa and has generated further kimberlite targets which will be drilled on the adjacent Thorny River concession.

In Botswana, the funds will be focused on commercializing the KX36 project following the recent acquisition of Sekaka Diamonds from Petra Diamonds. This will include finalizing a work programme to upgrade the grades and diamond value of the kimberlite pipe as well as investigating innovative mining options.

Drilling is planned for the adjacent Sunland Minerals property and following further assessment of the comprehensive Sekaka database more drilling targets are likely. “This is a very active and exciting time for Botswana Diamonds. We are drilling the very promising M8 kimberlite at Marsfontein and further drilling is likely on targets identified on the adjacent Thorny River ground,” he said.

The company Board Chair further noted, “We have a number of active projects. The recently acquired KX36 diamond resource in the Kalahari offers great potential. While awaiting final approvals from the Botswana authorities some of the funds raised will be used to detail the works we will do to refine grade, size distribution and value per carat.”

In addition BOD said the Placing Shares will rank pari passu with the Company’s existing ordinary shares. Application will be made for the Placing Shares to be admitted to trading on AIM and it is expected that such admission will become effective on or around 23 September 2020.

Last month Botswana Diamond announced that it has entered into agreement with global miner Petra Diamonds to acquire the latter’s exploration assets in Botswana. Key to these assets, housed under Sekaka Diamonds, 100 % subsidiary of Petra is the KX36 Diamond discovery, a high grade ore Kimberlite pipe located in the CKGR, considered Botswana’s next diamond glory after the magnificent Orapa and prolific Jwaneng Mines.

The acquisition entailed two adjacent Prospecting Licences and a diamond processing plant. Sekaka has been Petra’s exploration vehicle in Botswana for year and holds three Prospecting Licenses in the Central Kalahari Game Reserve (Kalahari) PL169/2019, PL058/2007 and PL224/2007, which includes the high grade KX36 kimberlite pipe.

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