Small businesses suffer from lack of managerial skills and find it difficult to access finance from banks, Seithati Professional Care managing director Teboho Neko told a business expo held at Maseru Golf Club on Friday.
The theme of the exhibition was “exploring business and unearthing wealth”, and was coordinated by Seithati Professional Care — a marketing and communications company.
According to Neko, Friday’s exhibition was inspired by the realisation that although smaller businesses can assist a country’s economic growth, they continue to face challenges in accessing finance from the banks.
“This failure to access funding hinders the growth of small businesses, so we are here today to network and share ideas on how we can bypass these challenges,” Neko said.
“We are also looking at issues of youth unemployment in Lesotho and how we can assist. So among us, as you can see, we have big organisations such as
Vodacom Lesotho and the Lesotho Tourism Development Corporation (LTDC) to share with us the opportunities we can get from them as big companies.”
She further said Seithati Professional Care would want to help small businesses showcase their products and become known as
well as share ideas among themselves.
Among the organisations which took the opportunity to showcase their products and services at the expo, were Herbalife, Tupperware, Vodacom, LTDC, Renemo Creations, GNLD International and Orthopaedic Lesotho.
Vodacom Enterprise sales specialist, Khopa Lisheane, said company officials were at the exhibition to meet potential clients, exchange ideas and find leads for new business.
“We are also here to promote our Vodacom M-PESA product and continue to inform people about it,” Lisheane said.
Chabeli Mohatlane, Lesotho’s only registered medical orthotist and prosthetist (a branch of medicine dealing with the making and fitting of artificial human limbs) who also graced the expo, said he had decided to come to the show to publicise his services.