23 Feb 2016

The Economic Stimulus Programme present an opportunity for the youth  in businesses to participate fully in the industry and tender for projects

This was said by Ms Medy Moatshe from the National Strategy Office during a presentation on the ESP at the Youth in businesses workshop organised by the Ministry of Youth, Sport and Culture in Lobatse.

Ms Moatshe said  government has injected money into different projects that will help boost the economy  saying youth companies are expected to provide  goods and services.

She explained that government has adjusted certain processes for this programme to be a success and benefit the youth in business. 

Ms Moatshe further explained that  ministries are given funds  to implement projects and stated that priority should be given to tenders from youth companies.

Ms Moatshe emphasised that the youth should have relevant skills and requirements of the industry they want to venture into saying  commercial banks are ready to assist the youth with the necessary finances and that  government is yet to talk  with CEDA and other financing institutions.

Meanwhile Mr Kebainee Sengalo who is a contract registration administrator at the Public Procurement and Asset Disposal Board told the attendants that registration is mandatory. However, he explained that nobody is forced to register with them but it is upon a business person to do that so as to take part in the buying and selling of goods in Botswana.

Furthermore, Mr Sengalo said the purpose of registration is to have an up to date register of contractors in works, supplies and services and also that as stakeholders the youth have the right to enquire about any  project in their proximity.

 Chairperson for the Umbrella Ward Development Committee Mr Nathaniel Bathai encouraged the youth to always use the money they have been funded with wisely and avoid using it for their own personal use. Ends