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Market Yourself on Careerpool

Lebogang Motubudi
Account Manager, Careerpool

One of the most exciting advancements in recruitment technology is now available in Botswana. Careerpool Botswana is an online job board with over 8700 CV’s and visitor traffic of 8-15000 views each week! Careerpool is well on its way to achieving its goal of becoming the central repository for all jobs in Botswana.

The job boards winning factor is that it brings employers and prospective job seekers together in a way that hasn’t been available in our country. Even for companies that have careers pages Careerpool can further enhance the effectiveness of these portals.

This is due to Careerpool’s great interoperability. It works well with other products and systems without restrictions and without needing any major implementations. The ease of information flow between employer and job seeker is where this technology really flourishes.

Employers can now post vacancy adverts within a day and begin the recruitment process a lot faster without back and fourths with graphic designers and publishers. Job seekers get job alerts by mail of vacancies posted that pertain to their particular fields. This ensures the posting of adverts is as pain free and effective as possible for the recruiter.

For the job seeker the technology offers a great marketing opportunity. This is done by simply registering, for free, with Careerpool. When a jobseeker registers they are required to upload their CV. This can be completed in two ways.

The first being to upload it from their pre-existing profile on LinkedIn and the second being to upload it from a stored location on your computer or a data storage tool like a memory stick. Once you have registered your CV you now form part of the Careerpool database.

You are now part of the central repository for all jobs in Botswana. And the simple fact that you are in the database of CV’s means that you are marketing yourself to employers on a daily basis. And here’s why. When you are looking for a job you take your CV and go door-to-door to drop it off at various companies. You are marketing yourself. 

Hoping that one of the companies you dropped your CV off with will call you in for an interview after review of your CV. The problem here is that if a company is not recruiting at the time you drop off your profile then they are not focused on receiving of your CV.

This doesn’t put you in a better position than someone who hasn’t dropped off their CV at said company as your CV might just end up in the shredding pile ready for disposal. What I mean is, just because they have received your CV doesn’t necessarily mean they are going to do anything with it. Or even that they will file it correctly so that they may easily recall it at a later stage.

If this is true, then your marketing exercise will more than likely come to naught. And possibly the worst thing is that when that company does now advertise a vacancy you may feel like you shouldn’t apply because they already have your CV and will consider you accordingly, as they have you information in-hand. If you do not get a call about coming in for an interview you may think they considered you and did not like you.

All of this may not be true and you may have been perfect for the job but your CV never got to the intended person at the required time. So why not market yourself in a space that you know your CV will be safe? A place where employers have access to your CV at any given time without having to dig in piles of paper to do so. Where they can access all of your information with great ease through the use of technology intended to be user-friendly. Why not market yourself on Careerpool?

The great thing about Careerpool is that even if you are not looking for a job at the moment it still offers a great marketing opportunity for you in a safe manner. I say safe because your personal information is kept hidden from employers.

When they search our database of CV’s they will see only the information they need to make a decision of whether to pull your CV from our database or not. They will see your educational background and your employment history but not your name. This is done so that you maintain your anonymity. As Careerpool doesn’t want any animosity between you and your boss.

Your boss could in essence go on the job board just to see who is on there, see your name and think that you are looking to leave. Not everyone on our site is actively looking for a job right at that very instant. Others are simply keeping their options open knowing that they are present in a space where they are marketing their skillset and can be found by a potential employer. Remember just because someone wants to hire doesn’t mean you have to take the job.

There might just be something about your current job that you simply can’t forsake, fair enough. But if there is an opportunity out there that will help you further your career, Careerpool can connect you to it. But only if you register your CV with us and become part of our database.

By doing this you will be achieving your aim of marketing yourself to employers by the simple press of a button. Technology… refreshing isn’t it. Go and register your CV today at and let us market you.

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Botswana on high red alert as AML joins Covid-19 to plague mankind

21st September 2020

This century is always looking at improving new super high speed technology to make life easier. On the other hand, beckoning as an emerging fierce reversal force to equally match or dominate this life enhancing super new tech, comes swift human adversaries which seem to have come to make living on earth even more difficult.

The recent discovery of a pandemic, Covid-19, which moves at a pace of unimaginable and unpredictable proportions; locking people inside homes and barring human interactions with its dreaded death threat, is currently being felt.

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Finance Committee cautions Gov’t against imprudent raising of debt levels

21st September 2020
Finance Committe Chairman: Thapelo Letsholo

Member of Parliament for Kanye North, Thapelo Letsholo has cautioned Government against excessive borrowing and poorly managed debt levels.

He was speaking in  Parliament on Tuesday delivering  Parliament’s Finance Committee report after assessing a  motion that sought to raise Government Bond program ceiling to P30 billion, a big jump from the initial P15 Billion.

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Gov’t Investment Account drying up fast!  

21st September 2020
Dr Matsheka

Government Investment Account (GIA) which forms part of the Pula fund has been significantly drawn down to finance Botswana’s budget deficits since 2008/09 Global financial crises.

The 2009 global economic recession triggered the collapse of financial markets in the United States, sending waves of shock across world economies, eroding business sentiment, and causing financiers of trade to excise heightened caution and hold onto their cash.

The ripple effects of this economic catastrophe were mostly felt by low to middle income resource based economies, amplifying their vulnerability to external shocks. The diamond industry which forms the gist of Botswana’s economic make up collapsed to zero trade levels across the entire value chain.

The Upstream, where Botswana gathers much of its diamond revenue was adversely impacted by muted demand in the Midstream. The situation was exacerbated by zero appetite of polished goods by jewelry manufacturers and retail outlets due to lowered tail end consumer demand.

This resulted in sharp decline of Government revenue, ballooned budget deficits and suspension of some developmental projects. To finance the deficit and some prioritized national development projects, government had to dip into cash balances, foreign reserves and borrow both externally and locally.

Much of drawing was from Government Investment Account as opposed to drawing from foreign reserve component of the Pula Fund; the latter was spared as a fiscal buffer for the worst rainy days.

Consequently this resulted in significant decline in funds held in the Government Investment Account (GIA). The account serves as Government’s main savings depository and fund for national policy objectives.

However as the world emerged from the 2009 recession government revenue graph picked up to pre recession levels before going down again around 2016/17 owing to challenges in the diamond industry.

Due to a number of budget surpluses from 2012/13 financial year the Government Investment Account started expanding back to P30 billion levels before a series of budget deficits in the National Development Plan 11 pushed it back to decline a decline wave.

When the National Development Plan 11 commenced three (3) financial years ago, government announced that the first half of the NDP would run at budget deficits.

This  as explained by Minister of Finance in 2017 would be occasioned by decline in diamond revenue mainly due to government forfeiting some of its dividend from Debswana to fund mine expansion projects.

Cumulatively since 2017/18 to 2019/20 financial year the budget deficit totaled to over P16 billion, of which was financed by both external and domestic borrowing and drawing down from government cash balances. Drawing down from government cash balances meant significant withdrawals from the Government Investment Account.

The Government Investment Account (GIA) was established in accordance with Section 35 of the Bank of Botswana Act Cap. 55:01. The Account represents Government’s share of the Botswana‘s foreign exchange reserves, its investment and management strategies are aligned to the Bank of Botswana’s foreign exchange reserves management and investment guidelines.

Government Investment Account, comprises of Pula denominated deposits at the Bank of Botswana and held in the Pula Fund, which is the long-term investment tranche of the foreign exchange reserves.

In June 2017 while answering a question from Bogolo Kenewendo, the then Minister of Finance & Economic Development Kenneth Mathambo told parliament that as of June 30, 2017, the total assets in the Pula Fund was P56.818 billion, of which the balance in the GIA was P30.832 billion.

Kenewendo was still a back bench specially elected Member of Parliament before ascending to cabinet post in 2018. Last week Minister of Finance & Economic Development, Dr Thapelo Matsheka, when presenting a motion to raise government local borrowing ceiling from P15 billion to P30 Billion told parliament that as of December 2019 Government Investment Account amounted to P18.3 billion.

Dr Matsheka further told parliament that prior to financial crisis of 2008/9 the account amounted to P30.5 billion (41 % of GDP) in December of 2008 while as at December 2019 it stood at P18.3 billion (only 9 % of GDP) mirroring a total decline by P11 billion in the entire 11 years.

Back in 2017 Parliament was also told that the Government Investment Account may be drawn-down or added to, in line with actuations in the Government’s expenditure and revenue outturns. “This is intended to provide the Government with appropriate funds to execute its functions and responsibilities effectively and efficiently” said Mathambo, then Minister of Finance.

Acknowledging the need to draw down from GIA no more, current Minister of Finance   Dr Matsheka said “It is under this background that it would be advisable to avoid excessive draw down from this account to preserve it as a financial buffer”

He further cautioned “The danger with substantially reduced financial buffers is that when an economic shock occurs or a disaster descends upon us and adversely affects our economy it becomes very difficult for the country to manage such a shock”

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