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The Bulb World lands lucrative deal in South Africa

The Bulb World

Botswana’s innovative company, The Bulb World has landed in South Africa to begin operations in the Special Economic Zone (SEZ) of North West province under the auspices of North West Development Corporation (NWDC).

The Bulb World, which was partly funded by CEDA at the tune of P4 million, to manufacture LED lighting bulbs for both commercial and residential use.

The company currently operates in the Selebi Phikwe Economic Diversification Unit (SPEDU) and has been one of rapidly growing companies in the region.

Owing to this, and as part of its ambitious expansion plans, The Bulb World will now access the lucrative market of South Africa — the most industrialised country in the continent.

NWBC offers wide ranging incentives to the company, among others; CIT Tax Rate of 15 percent, allowances on buildings and improvements, wage incentive, Special Customs and VAT incentive, Industrial Policy Incentives Allowance, Depreciation Allowance, Capital Allowance, Learner-ship Allowance, Certified emissions reductions, and Research and Development Allowance.

The company, owned by the youthful Ketshephaone Jacob, is of the view that expansion to South Africa will give the company access to a bigger market of nearly 60 million people who need lighting.

“Most importantly, South Africa has proven to be one of the most influential markets, accessing the whole of Africa from that point will be placing us at advantage,” said Jacob, the company CEO.

Jacob said choosing the North West province as opposed to other provinces, Gauteng in particular, was strategic and influenced by market research conducted by the company.

“We picked there are no suppliers and manufactures in the area and also access from Selebi Phikwe, which will be our mother plant through Martins Drift will be easier as we will be getting supplies from our mother plant, giving Botswana also a chance the grow,” he said.

“North West also came out as an easier market to penetrate also because it seemed most retail stores lacked supply.”

The deal was reached out after The Bulb World made a pitch to the NWDB as they need a body to support them as they were entering a new country.

“After NWDC showed interest in supporting the project and giving us access to already existing benefits, we found it fit for The Bulb World to take a leap.”

Jacob said The Bulb World vision is to be the leading provider of LED lighting solutions in Botswana and the SADC region for commercial and industrial factories as well as private residence.

Bulb World lights are said to be designed to save energy by 80 percent on lighting costs and have a production span of up to 50,000 hours and a 36-month guarantee.

As a SPEDU assisted company, Jacob understands the desperation that the Selebi Phikwe region feels in the wake of BCL closure in the 2016.

BCL has been Selebi Phikwe economic mainstay for decades, but the curtains for the town came down one morning in 2016 causing economic ruin to over 5000 families.

“Our ambition as Bulb World is to employ as many young people as possible in our bid to create employment and we do absorb our recruits straight from tertiary institutions and offer on the job training, we can and are going to create over 5000 jobs,” Jacob told reporters few weeks ago during media tour in Selebi Phikwe.

Furthermore, Jacob said his team is currently working tirelessly to penetrate the SADC regional market, with South Africa being the launching pad. “The plan is to list with all major retail outlets in Southern African by March 2021.”

Business

Food prices continue to rise, but at a slower rate

28th November 2022

Prices for cereals or staple foods in Botswana and other Southern African countries continue to rise at a slower pace, following trends in the global markets, according to the latest November 2022 Food Price Monitoring and Analysis by Food Agricultural Organization (FAO) of the United Nations.

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Business

Still doing business the old way?

18th November 2022

It’s time to get business done better with MTN Business Botswana’s ICT Solutions.

Running a digital businessMTN Business Solutions Botswana, popularly known as MTN Business is an Internet Service Provider. We are a subsidiary of MTN Group Limited, a multinational telecommunications Group headquartered in South Africa, which operates in 19 markets across Africa and the Middle East.

More and more, clients are looking for ways to keep their staff productive in a dynamically changing business environment. Whether your people are working from home, the office or abroad, there is a growing recognition that digitising your operations can offer unprecedented commercial value in flexibility, productivity and growth. This new, digital reality means that it is more important than ever to stay agile – if there is anything that can slow a business down, it is being burdened by othatld technology.

Having made substantial investments in fibre technology, high-speed terrestrial and undersea networks and new frequency spectrum across the markets wherein it operates, MTN is perfectly positioned to respond to this shift in the market.

A few years ago, MTN also made the decision to build an IP capable radio network for its mobile services, giving its core network the ability to seamlessly integrate with enterprise IP networks. The mobile towers deliver services to enterprise clients absolutely anywhere it has a network, shortening the last mile and removing complexity and cost.

Now there is increasing demand from clients to connect their remote sites in all areas, including rural and semi- rural. MTN has assisted clients with overcoming this connectivity hurdle, enabling their staff to get the job done wherever they are.
MTN’s evolution

For MTN, the focus has shifted from just being a core telecommunications services provider, towards also becoming a technology solutions provider. The service offering now also includes Unified Communications, Data Hosting and Cloud Solutions, Security-As-A-Service and Managed Network Services. The scope has changed to being client and industry specific, so the requirements and service portfolio vary from one client to the next. The expectation is that a company like MTN must respond to these challenges, helping clients to get business done better as they shift from old to new technologies.

As many businesses continue to grapple with a digitally dynamic world, they face new challenges that have to be solved. This environment will benefit those that are more digitally enabled and agile. It is a brave new world that will favour online over on-site, wireless over wired and fluid over formulaic. Businesses will seek out partners and suppliers that are every bit as flexible and forward-looking as they are.
Ultimately, clients need partners like MTN Business that will invest in infrastructure, deliver the services they require, have market credibility, are financially sound and have a long-term commitment to their market presence.

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Business

BIE to vitalize the Dignity of Engineers

9th November 2022

Botswana Institution Of Engineers (BIE), has last week hosted a gala dinner in  which they appreciated engineers who worked tirelessly and with dedication for 10 years from 1983 to steer the BIE to its current status.

The event that was held at the Phakalane Golf Estate had brought together young, experienced and veteran engineers and was held under the theme “Vitalize the dignity and eminence of all professional engineers”.

Explaining the theme, the institution’s treasurer, Thanabalasingam Raveendran said that engineers were looked upon reverentially with respect as the educated but with time it seems to have deteriorated. He indicated that there is a need to change the narrative by all means.

“The BIE exists for the welfare and the betterment of us Botswana engineers, we need to recognize specialised units within our Institution. We Engineers strongly believe in Engineers make it happen” Raveendran said.

He indicated that under the theme they appeal to all engineers to energize, to attain quality of being worthy of honour and respect and to achieve recognized superiority amongst the Society.

Raveendran stated that engineers need to ensure their end product is of good quality satisfying the end users expectations and engineers must be honest in their work.

“Approximately 8000 engineers registered with Engineering Regulatory Board (ERB) are not members of the BIE, engineers need to make every effort to recruit them to BIE” he said.

He alluded that BIE being a society, it currently needs to upgrade itself at par with professional institutions elsewhere like the UK and USA.

He further stated that BIE has to have engineering units of specialised disciplines like Civil/Mechanical/electrical etc

“As President Masisi indicated in his inaugural speech, the young people, who make 60 percent of the population of this country, are the future leaders and therefore investing in them is building the bridge to the future” said Raveendran

Kandima indicated that BIE has a memorandum of Understanding with Engineers Registration Board (ERB), where BIE is a recognised provider of CPD training, mentorship programmes and more importantly IPD undertaking to upgrade the skills and know-how of our engineers.

“For us to achieve our mandate and make worthwhile changes to engineering in Botswana, we have to be totally focused and act with intent” said Kandima.

Furthermore, Stephen Williams, past president of the BIE from 1986-1988 told the engineers that  the BIE provides a fertile environment where they can meet, share ideas and grow professionally.

“The BIE is also a nesting place for graduate engineers to learn from their peers and seniors, it also cater for engineering technicians and technologists and so nobody in the technology field is left out” he said.

He further indicated that Botswana Government provides a conductive environment for growth of engineering professionals.

“It must be stated that the Botswana Government recognises the existence of BIE and it can further be stated that the government enables ERB to carry out its mandate as a regulator of engineering professionals” said Williams

He plead with engineering companies to recognize and support BIE as it is the only source of engineering personnel’s for various Industries .

Furthermore, when giving his farewell speech, Michael Pinard , a past president of the institution  said how they are viewed as engineers by the general public might be due to some lack of appreciation as to exactly what role they play in the development of the country.

“The BIE slogan is aptly coined-Engineers make it happen, in other words, what man dreams engineers create” Said Pinard.

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