If you are hiring for a vacancy get ready to roll up your sleeves and get down and dirty as you sift through piles of CV’s manually. Similarly for the job seeker the search for employment can be an energy sapping one with little long-term reward or benefit. And here’s why.
When a company has a vacancy to fill their success will depend on candidate reach. The wider the net is cast the greater the chance to find the perfect candidate. If it is a vacancy that is to be filled internally then the process is simpler.
Information can be passed onto individuals through memos, use of information boards or e-mail alerting employees of available positions. No stress here. Internal employees show interest and there is no need to ask them to submit their CV as their information is tucked neatly away in the human resources’ department filing cabinets.
Allowing for quick and easy access when role eligibility is assessed. Unfortunately though not all vacancies can be filled internally and therefore external channels to engage job seekers and alert them of roles is required by organizations. Commence manual labour! Its crucial companies disseminate information about vacancies effectively.
Newspapers are a mainstay in our labour market to effect this. But we are not a dictatorship with only one government sanctioned newspaper. We have multiple news agencies that deliver information to the nation on a daily.
Herein begins the headache for recruiters. They now have to liaise with not one but multiple papers as they don’t know which paper their preferred candidate are reading. So they advertise with all of them. And therefore have back-and-fourths with a great deal of people to get one advert out. Living the dream? I think not. Not all companies have got a massive vacancy advertising budget though.
Leaving them to rack their heads deciding which exact paper they believe their star candidate is reading – and only deal with that paper. Great, less labour for all! Recruiter workload is significantly decreased but the downside is the company suffers as reach is also reduced. There is no telling what the pull factor is with newspaper readership. If the company fails to guess correctly their efforts to find a suitable candidate are greatly hampered.
The process is just as haphazard for the job seeker. They too have the unenviable task of picking which paper they purchase in order to find their dream job. If they pick only one a week they may miss out on a perfect opportunity.
And so, budget permitting, they have to pick up a multitude of papers and scour them for jobs. Laborious right? Wouldn’t it be great if recruiters could ensure information about their vacancies was getting to the right people without so much sweat? If job seekers could have information come to them and not the other way round? Like through pigeon holes, similar to the ones internal candidates have in companies?
Well hold that thought because there is something that puts the pigeon hole to shame! Electronic recruitment software that reduces the current labour intensive processes of recruitment advertising. Online job boards and in particular, Careerpool Botswana. Armed with a series of functions that can melt the hearts of recruiter and job seeker alike.
Careerpool is an online job board that advertises vacancies in companies for the consideration of potential employees that’s also has some very neat e-recruitment tools that help in the sorting of CV’s upon receiving them.
It literally removes the manual labour aspect of advertising roles and receiving of CV’s, ensuring that information is purposefully channeled to the right individuals. Companies around the world have seen it imperative to take advantage of these ICT tools and incorporate them into their holistic recruiting strategy.
Online job boards work better than the pigeon hole as they send information direct to smart devices that never leave our side. Job seekers no longer need to go door-to-door dropping off CV’s to companies that aren’t even hiring.
They can upload their CV’s to www.careerpoolbotswana.com from the comfort of their homes or air-conditioned internet café. Once part of the Careerpool CV database recruiters can search the database and discover suitable candidates.
A filling system on steroids that can be updated at any time by candidates wishing to keep their information current. Keyword search capabilities means recruiters can filter through CV’s quicker to find desirable candidates.
This applies also when using the site to receive applicant CV’s. Minimum requirements are entered into the search function and only those CV’s that meet requirements will be listed for the attention of the recruiter. No more staying late to sift through mountains of CV’s.
No more manual labour! Let technology do the work. It gets better for the recruiter. When they advertise on Careerpoolbotswana.com, the guess-work of where to advertise and why is completely removed as the site is purpose built for disseminating vacancy information. Job seekers, active or passive, know that to be the function of the platform and that is why they turn to it for specific information.
Target audience… reached. Truth be told jobseekers don’t even have to go to the site once they have uploaded their CV’s. This is because they receive job alerts an optional extra that ensures company vacancy advert are seen.
The site e-mails candidates in real-time when an advert posted on the site pertains to the individuals particular field of expertise – as listed by them. This is 21st century ICT solutions available now in Botswana that can drastically change the way we advertise vacancies. Recruiters and potential employees alike are singing its praise and calling it a much-needed and over-due addition to the recruitment process.
Why overcomplicate a process when a solution exists to remove the work from it? Out with the old and in with the new I say. Power to the people! No more manual labour! Advertise with Careerpool, upload your CV and let technology do the rest.
Newly established wholly indigenous citizen owned retail chain Payless Retail (PTY) Ltd is set to partake in the first session of Botswana Stock Exchange (BSE)’s Tshipidi Mentorship Program (TMP) on Monday June 29th.
The TMP aims to train and capacitate SMEs so they can operate as corporates and eventually list on the local bourse. According to local bourse, BSE, the program aims to provide practical training to potential issuers through a comprehensive and interactive program that covers the key themes necessary to position a company to list on the BSE.
Payless Retail is a newly established supermarket chain whose mission is to become a convenient one-stop shopping destination as it is one of the Botswana oldest retailing brands. It started off as Corner Supermarket in January 1976, and to date boasts of nine stores in, among others, Gaborone, Mochudi, Molepolole and Tlokweng. Payless was recently acquired by Ellis Retail Group, which is led by businessman Elliot Moshoke.
The takeover catapulted Ellis Retail to the envious position of being the first wholly indigenous owned major retail chain. “We jumped at this opportunity because it gave us a chance to prove to Batswana that the retail business is open and lucrative.”
The objective is to create a proudly Botswana retail chain that fully supports our national Vision, economic development and citizen economic empowerment ambitions,” Moshoke told BusinessPost.
He further emphasized that Batswana are capable and able to run large scale businesses hence they need to accept invite foreign investors who will come in to support us not take the business. “Our win as Payless in the Fast Moving Consumer goods (FMCG) industry is a win for Batswana. We need their support in this difficult and challenging journey.
As you are aware, Payless is the only retail chain in the hands of Batswana ba Sekei. We need to take advantage of this to generate employment and create small businesses in retail and Agri businesses,” he explained.
The retailer has also partnered with Botswana Investment & Trade Center (BITC) on their #PushaBW campaign with a view to initiating earnest engagement with local producers to iron out bottlenecks and ensure seamless trading.
“Local producers have to be part of the phenomenal growth of the Payless brand. This will in turn facilitate employment creation and economic growth. We did this because we have the utmost respect for local manufacturers and producers,” he mentioned.
Payless is currently restocking all of its stores; a development that Moshoke says is testament to the retailer’s commitment to growing the brand and ensuring continuity of business. He further revealed that renowned retail suppliers like PST and CA Sales have reignited their trust in Payless, opening their doors for Payless as they have faith in the retailer’s new owners.
The takeover has reportedly saved more than 200 jobs and gave a new lease of life to the previously fledging Payless brand. According to a press release from the management team, the Payless work forces are also extremely excited about what the future holds. The TMP is a comprehensive and interactive program that covers the key themes necessary to position a company to list on the BSE.
The program is administered by experts within the listing ecosystem and seeks to bring the potential issuers closer to the listings advisers, investors and leaders of already listed companies. “As a strategic initiative, the BSE decided to set up this mentorship program in a bid to assist SMEs to strategize, corporatize and acclimatize in order to list to access equity finance and expand operations,” said the BSE.
The TMP will avail to SMEs practical insights, knowledge and feedback from institutional investors, increased awareness of the BSE listing requirements as well as an intimate network of advisors and CEOs of listed companies. After training, Payless will graduate with improve governance structures and better knowledge of articulating its business strategy. The retailer will also gain increased visibility through BSE marketing platforms.
Despite Covid-19 interrupting trade worldwide, exporting companies in Botswana which benefited from the Botswana Investment and Trade Centre (BITC) services realised P2.96 billion in export earnings during the period from April 2020 to March 2021.
In the preceding financial year, the sale of locally manufactured products in foreign markets had registered export revenue of P2, 427 billion against a target of P3, 211 billion BITC, which celebrates 10 years since establishment, continues to carry out several initiatives targeted towards expanding the Botswana export base in line with Botswana’s desire to be an export led economy, underpinned by a robust export promotion programme in line with the National Export Strategy.
The main products exported were swamp cruiser boats, pvc tanks and pvc pipes, ignition wiring sets, semi-precious stones, veterinary medicines, hair braids, coal, textiles (towels and t-shirts) and automobile batteries. These goods were destined mainly for South Africa, Zimbabwe, Austria, Germany, and Namibia.
With Covid-19 still a problem, BITC continues to roll out targeted virtual trade promotion missions across the SADC region with a view to seeking long-lasting market opportunities for locally manufactured products.
Recently, the Centre facilitated participation for Botswana companies at the Eastern Cape Development Council (ECDC) Virtual Export Symposium, the Botswana-Zimbabwe Virtual Trade Mission, the Botswana-Zambia Virtual Trade Mission, Botswana-South Africa Virtual Buyer/Seller Mission as well as the Botswana-Namibia Virtual Trade Mission.
BITC has introduced an e-Exporting programme aimed at assisting Botswana exporters to conduct business on several recommended e-commerce platforms. Due to the advent of COVID-19, BITC is currently promoting e-trade among companies through the establishment of e-commerce platforms and is assisting local companies to embrace digitisation by adopting e-commerce platforms to reach export markets as well as assisting local e-commerce platform developers to scale up their online marketplaces.
During the 2019/2020 financial year, BITC embarked on several initiatives targeted at growing exports in the country; facilitation of participation of local companies in international trade platforms in order to enhance export sales of local products and services into external markets.
BITC also helped in capacity development of local companies to compete in global markets and the nurturing of export awareness and culture among local manufacturers in order to enhance their skills and knowledge of export processes; and in development and implementation of trade facilitation tools that look to improve the overall ease of doing business in Botswana.
As part of building export capacity in 2019/20, six (6) companies were selected to initiate a process to be Organic and Fair Trade Certified. These companies are; Blue Pride (Pty) Ltd, Motlopi Beverages, Moringa Technology Industries (Pty) Ltd, Sleek Foods, Maungo Craft and Divine Morula.
In 2019 seven companies which were enrolled in the Botswana Exporter Development Programme were capacitated with attaining BOBS ISO 9001: 2015 certification. Three (3) companies successfully attained BOBS ISO 9001:2015 certification. These were Lithoflex (Pty) Ltd, General Packaging Industries and Power Engineering.
BITC’s annual flagship exhibition, Global Expo Botswana (GEB) to create opportunities for trade and strategic synergies between local and international companies. The Global Expo Botswana) is a premier business to business exposition that attracts FDI, expansion of domestic investment, promotion of exports of locally produced goods and services and promotion of trade between Botswana and other countries.
The portal also provides information on; measures, legal documents, and forms and procedures needed by Botswana companies that intend on doing business abroad. BITC continues to assist both potential and existing local manufacturing and service entities to realise their export ambitions. This assistance is pursued through the ambit of the Botswana Exporter Development Programme (BEDP) and the Trade Promotion Programme.
BEDP was revised in 2020 in partnership with the United Nations Development Programme (UNDP) with a vision to developing a diversified export-based economy. The programme focuses mostly on capacitating companies to reach export readiness status.
Prices for goods and services in this country continue to increase, with the latest figures from Statistics Botswana showing that in May 2022, inflation rate rose to 11.9 percent from 9.6 percent recorded in April 2022.
According to Statistics Botswana update released this week, the largest upward contributions to the annual inflation rate in May 2022 came from increase in the cost of transport (7.2 percent), housing, water, electricity, gas & other Fuels (1.4 percent), food & non-alcoholic beverages (1.1 percent) and miscellaneous goods & services (0.8 percent).
With regard to regional inflation rates between April and May 2022, the Rural Villages inflation rate went up by 2.5 percentage points, from 9.6 percent in April to 12.1 percent in May 2022, according to the government owned statistics entity.
In the monthly update the entity stated that the Urban Villages inflation rate stood at 11.8 percent in May 2022, a rise of 2.4 percentage points from the April rate of 9.4 percent, whereas the Cities & Towns inflation rate recorded an increase of 1.9 percentage points, from 9.9 percent in April to 11.8 percent in May.
Commenting on the national Consumer Price Index, the entity stated that it went up by 2.6 percent, from 120.1 in April to 123.2 in May 2022. Statisticians from the entity noted that the transport group index registered an increase of 7.3 percent, from 134.5 in April to 144.2 in May, mainly due to the rise in retail pump prices for petrol and diesel by P1.54 and P2.74 per litre respectively, which effected on the 13th of May 2022.
The food & non-alcoholic beverages group index rose by 2.6 percent, from 118.6 in April 2022 to 121.6 in May 2022 and this came as a result of increase in prices of oils & fats, vegetables, bread & cereal, mineral waters, soft drinks, fruits & vegetables juices, fish (Fresh, Chilled & Frozen) and meat (Fresh, Chilled & Frozen), according to the Statisticians.
The Statisticians said the furnishing, household equipment & routine maintenance group index rose by 1.0 percent, from 111.6 in April 2022 to 112.7 in May 2022 and this was attributed to a general increase in prices of household appliances, glassware, tableware & household utensils and goods & services for household maintenance.
The prices for clothing & footwear group index moved from 109.4 to 110.4, registering a rise of 0.9 percent during the period under review. Bank of Botswana has projected higher inflation in the short term, associated with the likelihood of further increases in domestic fuel prices in response to persistent high international oil prices and added that the possible increase in public service salaries could add also upward pressure to inflation in this country.