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BDF Welfare Fund reformed

The Botswana Defence Force (BDF) has closed its 15 year old Welfare Fund to comply with the new standards set by the Financial Intelligence and Regulatory Authority (FIA) and the Non-Bank Financial Institutions (NBFIRA).

The BDF has now transitioned its operations to a Dikwata SACCOS, which is licensed by the FIA. The main objective of the Trust Fund was to provide its members with financial assistance and to improve the welfare of its members. It was also established to allow its members to save money. The organization also wanted to utilize the funds to improve the welfare of its members.

In 2018, Parliament enacted the Trust Property Control Act, which made it mandatory for all existing trusts to re-register with the High Court. The BDF Welfare Trust Fund was one of the first organizations to submit its application for re-registration. Following the assessment of its application, the High Court agreed that the Trust Fund should be transitioned to comply with the Act.

According to Colonel Ramhitshana, in line with the Notarial Deed of Trust, the Trust Fund is set up for the benefit of the beneficiaries and imposes obligations on the beneficiaries to contribute to the Trust. According to the Act, beneficiaries are not obliged to contribute to the Trust.

This now suggested a major shift from the fundamental objectives of the collective and any deviation would have meant that the Trust Fund should immediately be dissolved. In his reading of the Notarial Deed the Master was of the opinion that the Trustees are obliged to provide a Bond of Security, says Ramhitshana.

The Master’s interpretation of the Notarial Deed meant that the members would have to provide a bond of security in order to retain their elected trustees. This would have meant that no one would be willing to take on the role of trustees without having to put up a bond.

Because of the aforementioned, the Trust Fund could not continue to exist under that model. Without the much needed contributions, the Trust Fund would cease to operate. It therefore called for the Board of Trustees to embark on a countrywide consultation with members to share with them the challenges faced and seek advice on the way forward.

During these engagements, it was clear that members strongly believed in the continuation of the spirit of togetherness that has been exhibited by the collective that has served them so well over the years. During these interactions, members were very amenable to the idea of forming a Co-Operative Society in order to be compliant with the law.

On this note, the process to register Dikwata SACCOS was conceived as it was deemed to be the right type of model that would continue representing the interests of members. Following the formation of Dikwata SACCOS, it is expected that the members’ assets will be transferred to the Co-Operative Society, in order to continue representing the interests of its members.

These include the members’ savings, loans, and collective education. Colonel Ramhitshana also noted that the members would continue to be engaged with the Co-Operative Society to learn more about its operations. The Trust Fund has already outsourced its administrative services to a company known as Minet Botswana, which is a professional fund administrator.

The Trust Fund is also regularly audited by Grant Thornton, as required by its Notarial Deed. The annual general meetings of the members are also held as per the Notarial Deed. The BDF Welfare Trust Fund was registered in the Deeds Office of Botswana in 2007 by members of the Botswana Defence Force.

The founding members consisted of members in Active Service, Non-Uniformed members and Retired personnel in their personal/private capacity. Since its inception, the Trust Fund has been operating under a Board of Trustees elected by its members in accordance with the Notarial Deed of Trust, which has been the governing document for the Trust Fund. The Trust Fund was registered with the Non-Bank Financial Regulatory authority.

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BOMU, DBS roadshow partners in crime

18th March 2024

The Department of Broadcasting Services (DBS) roadshow has found and trusted the Botswana Musicians Union (BOMU) as a companion it could trust in empowering and facilitating the creative sector, in particular, performing artists and musicians.

BOMU exits to ensure that musicians in Botswana are supported by all platforms and services that are aligned to what they do, which at most times is the production of music.

In 2023, the Union put together grand music awards prized at a whooping P3 million. Indeed, the man working behind the awards, Seabelo Modibe of Total Music Group understood the assignment. For the very first time, BOMU awards left an impressive mark, leaving people murmuring.

With that said and done, BOMU became a very important stakeholder in the on-going DBS roadshow. The relationship started in 2022 when the project was initiated. In this massive project, BOMU plays a role of mobilizing and registering new artists.

In the previous years, the Union has been clouded by dispute and back-and-forth. It was accused of being bungling, purposeless and served no interests of its members (artists). Following the effective execution of the eleventh music awards, artists progressively joined BOMU and the DBS roadshow added cherry on top.

Some of the artists who made it to the Top 30 of the DBS roadshows much-admired the platform, saying it played a major part in changing their lives. Some of them started getting booked, changed their mindsets and consider music as a business entity.

These are some of the few nuggets of wisdom they raked from the man behind the roadshow, Thato Sikwane. He is known as DJ Fresh in the music sector and his company, Big Dawg Productions is the brainchild behind the DBS roadshow.

Matter of fact, DJ Fresh and Modibe worked on this concept together with an aim of unearthing new talent in as much as music is concerned. In order to achieve this goal, the duo had to engage BOMU to allow for the artists to have a body that governs them.

When speaking in an interview with WeekendLife, BOMU Secretary General Rasina Rasina said the roadshow is actually a blessing in disguise, as it was initially considered a tall show.

“This is a much-needed platform for a sector that has been deteriorating over the years. We believe it is here to resurrect the music industry. The DBS roadshow cultivate talent from scratch and nurtures it. This will help us as a Union to have a solid foundation and as BOMU, as we are highly appreciative.”

Rasina said BOMU is very much aware of Season One challenges, adding that they too experienced them. “As BOMU, we therefore appreciate that it was the beginning. Naturally, beginnings have challenges but we are optimistic that everything will be in order as together as a team, we can work to solve all pressing matters that delay the progress of artists in Botswana.”

Successful artists during the DBS roadshow will reap from what they sow. BOMU has been allocated a budget to help artists access the roadshow. Rasina has however refused to divulge the total amount but specified that they ensure artist participation and mobilization, as well as feeding.

“We have learnt from past challenges. We do not pay artists but we assist them with transportation funds to mobilize them to attend the roadshow and showcase. What we offer them is not payment. We ensure their participation, transport mobilization and feeding. They compete, showcase and get the platform they need. We partner with them to deliver a product. Essentially, there is a car, a record deal, airtime deal and cohesion.”

Thus far and during the Season 2 roadshow, BOMU has registered an average of five hundred (500) members. In the process, it has managed to rebuild an average of ten BOMU District chapters nationwide.

Rasina commended the government for coming up with a project that caters for the welfare of artists and creative minds in Botswana.

“Our expectations from the next season is that it will be bigger and better. We appreciate the contribution of DBS and the recent focus towards the creative industry by government. Importantly, it is important to note that the creative industry should never be treated from a blanket approach view. Every region, district, village or town has its own talent. The heritage of Botswana is defined by the creative industry talent.”

 

 

 

 

 

 

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Report links child poverty to disability

12th March 2024

Child poverty is a pressing issue that affects millions of children around the world, and the link between child poverty and disability is a particularly concerning aspect of this problem. The recent research paper published by the Botswana Institute for Development Policy Analysis (BIDPA) sheds light on the stark reality that children with disabilities are more likely to be living in poverty compared to their non-disabled peers.

The findings of the research paper reveal that children with disabilities face higher levels of deprivation in basic capabilities such as education and health. This means that they are often excluded from essential services and opportunities that are necessary for their well-being and development. The wider gap in education outcomes between children with disabilities and their non-disabled peers highlights the systemic barriers that prevent children with disabilities from accessing quality education.

Moreover, the higher rates of deprivation in health and food security among children with disabilities further exacerbate their vulnerability to illness and malnutrition. This not only impacts their physical well-being but also hinders their overall development and potential. The research paper also highlights the economic disparities faced by children with disabilities, indicating that they are more likely to experience poverty across demographic and economic variables.

The implications of these findings are profound and call for urgent action to address the inequalities faced by children with disabilities. Affirmative action is needed to ensure that policies and interventions are specifically targeted towards addressing the unique needs of children with disabilities. It is crucial to prioritize the inclusion and empowerment of children with disabilities in all aspects of society to ensure that they have equal opportunities to thrive and succeed.

In conclusion, the link between child poverty and disability is a critical issue that requires immediate attention and action. It is essential for policymakers, stakeholders, and communities to come together to create a more inclusive and equitable society where all children, regardless of their abilities, have the opportunity to reach their full potential. By addressing the root causes of poverty and discrimination faced by children with disabilities, we can work towards building a more just and compassionate world for all.

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Botswana’s internet rated the second fastest in Africa

8th March 2024

Botswana continues to make significant strides in its digital trasnformation aspirations, as it secures its position among the top-ranking African countries for mobile internet speed. Based on statistics from the Speedtest Global Index, Botswana has been rated the second fastest mobile internet speed in the continent, with an impressive 43.79Mbps, according to a recent study by Business Insider Africa.

This accomplishment demonstrates Botswana’s dedication to improving the quality of broadband internet in the country; and re-affirms its position as a leader in Africa’s telecommunications and ICT services. “The acknowledgment of Botswana’s internet as the 2nd fastest in Africa reflects our commitment to cultivating a digitally inclusive society,” remarked Mr. Keabetswe Segole, Acting CEO of Botswana Fibre Networks (BoFiNet). “This achievement highlights our ongoing endeavors to enable all citizens to participate in the digital economy.” BoFiNet, the leading provider of telecommunications infrastructure in Botswana, has been instrumental in shaping the nation’s digital landscape.

Reflecting on BoFiNet’s contribution to Botswana’s digital connectivity, the Acting CEO stated:”BoFiNet takes pride in its role in securing Botswana’s position as the 2nd fastest country in Africa for mobile internet. Our robust fibre optic and microwave network has been pivotal in delivering high-speed connectivity to both urban and rural areas, ensuring access to reliable internet services for all citizens. We remain committed to fostering innovation and digital inclusion, thereby paving the way for a prosperous digital future in Botswana.” Through the recently launched SmartBots Village Connectivity project, 1,138 premises across 144 villages in different Botswana districts are able to connect to this fast internet.

Botswana’s population is utilising connectivity creatively as a result of a boom in mobile penetration, which is advancing the nation’s digitalisation. Rapid advancements in mobile high-speed internet are causing a digital revolution in Africa, bringing about changes in areas including the economy, education, healthcare, and empowerment.

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