• (no title)October 22, 2025
    RelatedPosts QUICK PRINT VACANCY – PRODUCTION MANAGER VACANCY – ACCOUNTS CLERK
  • China\\\\\\\’s green agriculture breakthroughOctober 22, 2025
    Once a desert, Aksu now source of prosperity through high technology BAKANG TIRO editors@thepatriot.co.bw RelatedPosts China\\\\\\\’s green agriculture breakthrough Botswana Life unveils ‘Monkgogi’ Anti-doping law curbs bans    AKSU, XINJIANG: Aksu city in Xinjiang Province, a once complete desert… Read more: China\\\\\\\’s green agriculture breakthrough
  • Botswana Life unveils ‘Monkgogi’October 22, 2025
    Innovative funeral solution to revolutionize funeral covers GORATAONE KGOSIMORE editors@thepatriot.co.bw RelatedPosts China\\\\\\\’s green agriculture breakthrough Botswana Life unveils ‘Monkgogi’ Anti-doping law curbs bans    Botswana’s leading life insurer, Botswana Life Insurance Limited (BLIL), has unveiled Monkgogi,a ground-breaking funeral solution… Read more: Botswana Life unveils ‘Monkgogi’
  • Anti-doping law curbs bans October 22, 2025
    NANCY RAMOKHUA editors@thepatriot.co.bw RelatedPosts China\\\\\\\’s green agriculture breakthrough Botswana Life unveils ‘Monkgogi’ Anti-doping law curbs bans    While doping substances and methods can go beyond the end of a sports career, they can cause serious health risks including organ… Read more: Anti-doping law curbs bans 
  • UDC hits & missesOctober 22, 2025
    UDC hits & misses UDC joy, pain after one year in office First 12 months were for learning-Boko Impress on diplomatic ties, domestic issues lag behind -analyst BAKANG TIRO RelatedPosts China\\\\\\\’s green agriculture breakthrough Botswana Life unveils ‘Monkgogi’ Anti-doping… Read more: UDC hits & misses
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
  • Login
  • Register
Thursday, October 23, 2025
The Patriot On Sunday
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result

Barclays injects P100m into SMEs

patriot by patriot
January 26, 2021
in Business
0

Barclays Bank Botswana, through the Enterprise Development and Supply Chain Development Programme (ESD), will this year inject over P100m in funding of the Small Medium Enterprises (SMEs) businesses.

This was revealed by Kushata Chilisa, Head of Enterprises & Supply Chain Development on the sidelines of the ESD centre media tour on Thursday in Gaborone.

RelatedPosts

China\\\\\\\’s green agriculture breakthrough

Botswana Life unveils ‘Monkgogi’

World Bank lauds Botswana

The programme is intended to tackle the challenges that besiege the SMEs on a daily basis such as difficult access to funding and lack of office space as a result of financial constraints.

“Since opening the loan book in 2018 over P80 million has been splashed on some of the SMEs in different sectors of the economy. In 2019, our target is to disburse over P100 million to our customers,” she said.

She said the initiative precisely focuses on the development of the SMEs businesses by giving them access to markets, finance, and business support.

Chilisa is of the view that Barclays as a commercial bank values the important role that the SMEs sector plays in economic diversification.

The ESD has so far assisted less than 10 businesses in different sectors of the economy with the mining sector enterprises dominating from the previous year’s allocations.

Quizzed on how many businesses ESD target to finance in a year, she said they intend to increase the number of the assisted SMEs from last year therefore increasing the loan book up to P 100 million.

“Every year we will keep on increasing the funding amount because in the next five years we aim to have hit a billion Pula mark in financing the SMEs,” Chilisa declared.

Chilisa said if fully accorded with support, the SME sector boosts high potential of creating employment opportunities in the midst of current soaring unemployment level.

According to Chilisa, the enterprises that have been funded are doing well at the moment as they meet the obligations of the contracts they have signed with corporate companies they supply.

One of the SMEs that have been funded, she said, is Woolworths’ bakery that deals with bread production, maintaining that the ESD is all about promoting buying of local goods.

“We have also partnered with Ministry of Trade and the corporate companies that buy from the SMEs. It is all about closing the borders so as to deal with the high importation bill as per the government’s desire to promote buying of local produce,” she said.

Execution Manager of ESD chain development, Bakang Lame Tshwene, said an extension to the ESD programme is the Enterprise Development Centre which will be officially launched soon. An ESD Centre comprises of an intimate working space which the SMEs customers can use to access a board room, workstations and Wi-Fi – all offered to them free of charge.

Tags: ABSABarclaysSMEs
Previous Post

Masisi returns mid-air

Next Post

Race for BPF leadership

Related Posts

China\\\\\\\’s green agriculture breakthrough
Business

China\\\\\\\’s green agriculture breakthrough

October 22, 2025
Botswana Life unveils ‘Monkgogi’
Business

Botswana Life unveils ‘Monkgogi’

October 22, 2025
World Bank lauds Botswana
Business

World Bank lauds Botswana

October 21, 2025
Global Expo 2025,  Unveils P680 billionblitz
Business

Global Expo 2025, Unveils P680 billionblitz

October 14, 2025
Banks report P5.98 billion loan defaults
Business

Banks report P5.98 billion loan defaults

October 6, 2025
BDC Group revenue surges to P802m
Business

BDC Group revenue surges to P802m

October 6, 2025
Next Post
Race for BPF leadership

Race for BPF leadership

Please login to join discussion
  • (no title)October 22, 2025
    RelatedPosts QUICK PRINT VACANCY – PRODUCTION MANAGER VACANCY – ACCOUNTS CLERK
  • China\\\\\\\’s green agriculture breakthroughOctober 22, 2025
    Once a desert, Aksu now source of prosperity through high technology BAKANG TIRO editors@thepatriot.co.bw RelatedPosts China\\\\\\\’s green agriculture breakthrough Botswana Life unveils ‘Monkgogi’ Anti-doping law curbs bans    AKSU, XINJIANG: Aksu city in Xinjiang Province, a once complete desert… Read more: China\\\\\\\’s green agriculture breakthrough
  • Botswana Life unveils ‘Monkgogi’October 22, 2025
    Innovative funeral solution to revolutionize funeral covers GORATAONE KGOSIMORE editors@thepatriot.co.bw RelatedPosts China\\\\\\\’s green agriculture breakthrough Botswana Life unveils ‘Monkgogi’ Anti-doping law curbs bans    Botswana’s leading life insurer, Botswana Life Insurance Limited (BLIL), has unveiled Monkgogi,a ground-breaking funeral solution… Read more: Botswana Life unveils ‘Monkgogi’
  • Anti-doping law curbs bans October 22, 2025
    NANCY RAMOKHUA editors@thepatriot.co.bw RelatedPosts China\\\\\\\’s green agriculture breakthrough Botswana Life unveils ‘Monkgogi’ Anti-doping law curbs bans    While doping substances and methods can go beyond the end of a sports career, they can cause serious health risks including organ… Read more: Anti-doping law curbs bans 
  • UDC hits & missesOctober 22, 2025
    UDC hits & misses UDC joy, pain after one year in office First 12 months were for learning-Boko Impress on diplomatic ties, domestic issues lag behind -analyst BAKANG TIRO RelatedPosts China\\\\\\\’s green agriculture breakthrough Botswana Life unveils ‘Monkgogi’ Anti-doping… Read more: UDC hits & misses
The Patriot On Sunday

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?