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BIG WINNERS: Alosa Group accepting the BDC Business Den Award 2020
After beating off competition from 243 other entrants, Alosa Group has been declared winners of the first-ever Botswana Development Corporation (BDC) Business Den.
The BDC-led initiative aims to reach out to young entrepreneurs, giving them a chance to secure funding on a grant basis as well as networking opportunities.
As part of the prize, Alosa, which comprises Alosa Feeds and Alosa Biomass-Charcoal Briquettes, will receive funding of up to P500, 000. They will also remain in the Business Den for 18 months, with BDC providing constant monitoring and evaluation, playing a mentorship role until the project is mature and can graduate.
25th February 2021
Member of Parliament (MP) for Kanye North Thapelo Letsholo has said it is high time Botswana has a citizen-owned bank.
“I challenge Bank of Botswana to seriously and intentionally facilitate the development of the first fully Botswana citizen -owned commercial bank in Botswana. This will ensure that the super profits currently enjoyed by banks remain in Botswana and possibly get reinvested in country,” advised Letsholo.
Contributing on the budget speech he said transforming and rationalizing of State-Owned Enterprises (SOEs) when implemented would make savings of about P5 billion flows annually to the enterprises.
He told Parliament the promise was made 15 years ago but has not been implemented. He said if they effect real transformation of SOEs they can make massive savings.
Minergy shareholders favours capital raising through issuing additional shares
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