12 December 2017
Home Page About Us Services Publications Links
VIEWS
TACY'S MEMO
Opinion
Analysis
NEWS
Mining & Exploration
Rough Trade
Polished Wholesale & Manufacturing
Retail
Governmental
Labs & Trade and Industry Bodies
Branding & Marketing
Legal
Financial
Diamond Pipeline
Statistics
ARCHIVE NEWS - PRE 2008
People
Regional Issues
Created Diamonds
Civil Society
Ethics
Development Issues
Conflict Diamonds
Auctions
Kimberley Process
DIAMOND INTELLIGENCE BRIEFS
Diamond Intelligence Briefing 2017
Diamond Intelligence Briefing 2016
Diamond Intelligence Briefing 2015
Diamond Intelligence Briefs 2015
Diamond Intelligence Briefs 2014
Diamond Intelligence Briefs 2013
Diamond Intelligence Briefs 2012
Diamond Intelligence Briefs 2011
Diamond Intelligence Briefs 2010
Diamond Intelligence Briefs 2009
Diamond Intelligence Briefs 2008
Diamond Intelligence Briefs 2007
Diamond Intelligence Briefs 2006
Diamond Intelligence Briefs 2005
Diamond Intelligence Briefs 2004
Diamond Intelligence Briefs 2003
Diamond Intelligence Briefs 2002
Diamond Intelligence Briefs 2001
Diamond Intelligence Briefs 2000
Diamond Intelligence Briefs 1999
Diamond Intelligence Briefs 1998
Diamond Intelligence Briefs 1997
Diamond Intelligence Briefs 1996
Diamond lntelligence Briefs 1995
Diamond lntelligence Briefs 1994
Diamond Intelligence Briefs 1993
Diamond Intelligence Briefs 1992
Diamond Intelligence Briefs 1991
Diamond lntelligence Briefs 1990
Diamond lntelligence Briefs 1989
Diamond lntelligence Briefs 1988
Diamond lntelligence Briefs 1987
Diamond lntelligence Briefs 1986
Diamond Intelligence Briefs 1985
Diamond Intelligence Briefs 1984
TACY RESEARCH
Tacy's Reports
Tacy's Research
Tacy's Presentations
RESOURCE LIBRARY
Company Reports
Kimberley Process
NGO Reports
Government Reports
Conflict Diamonds
Producer Marketing Documentation
Trade Organization Guidance
Supplier of Choice
Legal Issues
LEGAL
Laws and Regulations
Court Documents
Anti-Money Laundering
Best Practice Principles
Compliance
Competition
Banking
FINANCE
Basel II
Compliance
Decisions
PICTURES
Botswana
De Beers Archive Pictures
Conference Photos
India
Zimbabwe
SITE MAP
MY ARTICLES
created by CyberServe
 Email this      Printer-Friendly Format    
BOTSWANA, ANGLO AMERICAN AND DE BEERS LAUNCH JOINT INITIATIVES TO SUPPORT LOCAL ENTERPRISE DEVELOPMENT
01 December 2013

To support enterprise development and diversification in the Botswana economy, the Botswana government, Anglo American, The De Beers Group of Companies and Debswana, the mining joint venture between the Botswana government and De Beers, have launched two new partnership initiatives.

Tokafala is one of the joint enterprise development programs that aims to promote the growth of small, medium and micro enterprises (SMMEs) in Botswana by supporting them while they grow into commercially viable businesses.The program seeks to improve market access, establish supply chains and offer loan financing to SMMEs and will also link them to business opportunities with Debswana and other partners. Tokafala also looks to capitalize on the relocation of De Beers' global sales function to Gaborone, and will also connect enterprises, especially micro enterprises, to existing government development programs.

Over the course of three years, Tokafala aims to support up to 560 micro and 415 small and medium enterprises. The program is designed to bridge the current funding and advisory gap for small enterprises and to complement existing Botswana government initiatives. However, its main aim is to motivate existing participants, such as banks, to fill the gap gradually and support the program's role.

To further support enterprise development in Botswana, the partnership will work with government institutions to improve their enterprise development effectiveness, while encouraging coordination among the wider enterprise development initiatives.

A second partnership between Botswana and Anglo American is a graduate program called Bokamoso that aims to stimulate the development of local talent, offering recent Batswana graduates professional and personal development opportunities across Anglo American. Over two years, the graduates will work in different roles, gaining broad business experience. Upon completion of the program the participants will return to Botswana, contributing to the ongoing development and diversification of its economy.

Emphasizing the government's commitment to working in partnership with Anglo American, De Beers and Debswana, the Hon. Ms. Makgato-Malesu, Botswana's Minister of Trade and Industry, said at the partnerships' launch last week: "These initiatives are fully in line with our objectives of entrepreneurship development, citizen economic empowerment and ultimately economic diversification".

Anglo American CEO Mark Cutifani and The De Beers Group CEO Philippe Mellier also attended the partnership launch.

 

 

   Back»