
Bonni Dintwa, founder of the Business of Sport Summit, stated that relying on volunteer labor prevents local sports associations from realizing their commercial potential. Speaking at the inaugural summit launch in Gaborone, Dintwa emphasized the need for professional administration to transform sport into a sustainable economic sector that can attract investment, create jobs, and contribute to the country's GDP. He referenced insights from Cuban sports officials, highlighting that successful sports industries cannot be built solely on volunteer efforts. Dintwa questioned the effectiveness of managing organizations responsible for millions of pula on a part-time, volunteer basis, arguing that this approach deters potential investors and sponsors. He noted that the private sector's reluctance to increase sports spending stems from a lack of policies and structures that demonstrate measurable returns on investment.
Free daily or weekly digest of the most important stories from across 18 African countries. No spam, unsubscribe any time.
This summary was AI-generated from a story originally published by Mmegi.
Must ReadThe recent removal of Chinese import tariffs on qualifying Botswana products presents significant opportunities for local producers in one of the world's largest consumer markets. The Botswana Investment and Trade Centre BITC is central to this transition, aiming to convert this policy advantage into commercial results. Through its Exporters Development Programme, BITC supports manufacturers in improving product quality, packaging, and production capacity to meet buyer requirements. This initiative is expected to strengthen Botswana's product offering for China and other target export markets, with sectors like beef and agro-processing identified as having high potential.
Must ReadThe Mmegi online platform, an independent news source in Botswana, displayed a "404 The page you're looking for does not exist!" error when attempting to access an article titled "Expanding Africa鈥檚 trade frontiers." The website provides news on politics, business, sport, and current affairs, and offers various sections including features, analysis, blogs, and classifieds. Mmegi also maintains a presence on social media platforms such as Facebook, Twitter, YouTube, and Instagram.
Must ReadLetshego Africa, a homegrown microlender, is divesting five of its East and West African subsidiaries, resulting in a P281 million loss. This move follows an ambitious expansion strategy initiated in 2005. In January 2005, Letshego Africa, then seven years old, established its first international presence in Uganda, a significant step for a local company, bypassing closer regional markets.