MorataBW
This first issue of MorataBW is filled with the latest business opportunities in Botswana, one of the fastest-growing economies in Africa. For this issue, we profile local business success stories in tutoring, agriculture and music: Thobo Khathola reveals all the details about his humble building of Lion Tutoring into a tutoring empire. What's the story behind the breakthrough of Botswana's iconic singer Maxy-Khoisan? Did you know that she grew up not knowing she will be a singer? How about the poetic 'I Can't See My Face Anymore' Painting? The editors show you all that is to know about mortgage, is it an investment or a liability? And also the story behind the notorious car catalytic converter theft, why it is stolen and how to prevent it. Also reviewed: The baking industry - How to start a successful bakery business. The best bakers in Gaborone chosen by consumers. A review of WhatsApp rivals; Telegram and Signal: Do these offer more personal data security over WhatsApp as said? We also tap into the mental attitude that one needs to be a successful entrepreneur, the health risks that entrepreneurs face, and the best Personal Development Android Apps of 2020.
This first issue of MorataBW is filled with the latest business opportunities in Botswana, one of the fastest-growing economies in Africa. For this issue, we profile local business success stories in tutoring, agriculture and music: Thobo Khathola reveals all the details about his humble building of Lion Tutoring into a tutoring empire. What's the story behind the breakthrough of Botswana's iconic singer Maxy-Khoisan? Did you know that she grew up not knowing she will be a singer? How about the poetic 'I Can't See My Face Anymore' Painting? The editors show you all that is to know about mortgage, is it an investment or a liability? And also the story behind the notorious car catalytic converter theft, why it is stolen and how to prevent it. Also reviewed: The baking industry - How to start a successful bakery business. The best bakers in Gaborone chosen by consumers. A review of WhatsApp rivals; Telegram and Signal: Do these offer more personal data security over WhatsApp as said?
We also tap into the mental attitude that one needs to be a successful entrepreneur, the health risks that entrepreneurs face, and the best Personal Development Android Apps of 2020.
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STOCKS | FINANCE |MBW<br />
landlocked Botswana which was seen<br />
as almost ‘safer’ at that time as it was<br />
one of few countries not registered any<br />
Covid-19 case.<br />
But things changed, with giant indexes<br />
like America’s S&P 500 index, BSE was<br />
not ever going to be spared. In April last<br />
year when it was revealed that three<br />
Batswana caught coronavirus, a wave<br />
was seen as investors panic sold like<br />
on the local equity market. Botswana<br />
GDP slumped by 24 percent in the<br />
second quarter of last year, the time<br />
when Covid-19 scourged Botswana, a<br />
very economically unproductive part of<br />
2020.<br />
According to the BSE 2020 market<br />
performance, while the International<br />
Monetary Fund released in October<br />
2020 shows the world economy is<br />
product (GDP) in the first quarter<br />
came out at 2.7% before a very sharp<br />
contraction of 24.0% in quarter two.<br />
Third-quarter GDP registered a<br />
decline of 6.0%. However, the economy<br />
is forecast to register an overall decline<br />
of 8.9% in 2020 before rebounding to<br />
7.7% in 2021,” BSE 2020 report said.<br />
In Botswana, according to BSE,<br />
listed companies equally experienced<br />
Many stocks declined in the first months of the COVID-19 pandemic.<br />
in other markets. As the government<br />
announced the State of Emergency, the<br />
Domestic Company Index (DCI) started<br />
plummeting by 0.15 percent with all<br />
prices changes for the week being<br />
negative.<br />
A stockbroker, Motswedi Securities,<br />
that time observed that COVID-19<br />
pandemic is making its mark known<br />
projected to shrink by 4.4% in 2020,<br />
there has been weaker global output<br />
and this heralded falling revenues and<br />
deficits mainly in an effort to contain<br />
the COVID-19 pandemic. As a result,<br />
according to the BSE review of 2020,<br />
growth in Sub- Saharan Africa is set to<br />
register a contraction of 3.0%.<br />
“Domestically, the real gross domestic<br />
the challenges brought about by the<br />
pandemic particularly on the back of<br />
national lockdowns and restrictions<br />
in movement. Stock markets are<br />
usually regarded as a barometer of the<br />
economy and it is not surprising that<br />
the Domestic Company Index (DCI)<br />
declined by 8.2% in 2020, said BSE. This<br />
seems to mirror the anticipated decline<br />
Image ‘Crash’ Pixabay<br />
March 2021 <strong>MorataBW</strong><br />
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