Private Business Growth Award Launched
Isaac Pinielo | Monday August 1, 2016 14:53
Speaking at the launch of this year’s Private Business Growth Award, chief executive officer of Business Botswana, Racious Moatshe said his organisation is striving to grow and nurture the private sector.
“Grant Thornton awards essential services being outsourcing, taxation and advisory as well as media and advertising opportunities to the prestigious award winner. Business Botswana presents a year of free membership for the winners in each category,” he said.
Moatshe said the private business growth award, which was introduced in 2015 as a combined effort between Grant Thornton and Business Botswana, was meant to recognise and appreciate privately owned businesses in their strides to contribute to growing the Botswana economy.
He said as Business Botswana they cannot distance themselves from the challenges, efforts and achievements of the private sector in Botswana hence their continued support for the growth awards in its second year running.
“It is through events of this nature that local businesses can align their portfolios and restructure for growth given the blueprint set by Grant Thornton. Grant Thornton have been involved with private business and owner managed businesses for the last 30 odd years and they are the right partners for us to encourage appreciation to the private sector,” Moatshe said.
He said the award has now been extended to two categories being small to medium enterprise and medium to large enterprise, adding that this is a notable addition as now private businesses of different scales stand a chance to also share their growth stories.
According to the CEO, the selection criteria for the growth awards challenges businesses to be the best in their respective industries. “As a business, there has to be something that sets you apart from the rest. The awards present an opportunity to share the metamorphosis stories of the business which in turn is motivation to do more in terms of succeeding,” said Moatshe.
He noted that just by going through the selection criteria, private business can assess their importance towards this great country and the role they can and are playing to develop the economy.