Trade Tuesday For Women In Business: Mind The Gap

“Freedom without rules doesn’t work. And communities do not work unless they are regulated by etiquette.” Judith Martin  Etiquette [et-i-kit, -ket]  Conventional requirements as to social behaviour; proprieties of conduct as established in any class or community or for any occasion. Simply put etiquette refers to how an individual presents themselves to and interacts with others, and this is an essential skill for women doing business across borders. So how does one ensure that they put their best foot forward?  I sought the opinion of a number of Etiquette Expertsand compiled my Top 5 Business Etiquette Tips. Make A Positive First Impression It has been said that “a picture is worth a thousand words.”  The clothes you wear convey a message.  According to William Thourlby, author of You Are What You Wear, you really are what you wear! “When you Continue Reading

Trade Tuesday For Women In Business: The Payoff Of Going Global

Creating more opportunities for women in trade is the right thing to do. Gender inequality is more than a moral or social issue, it is a critical economic challenge. Women account for half the world’s working-age population and if they do not achieve their full economic potential, the global economy will suffer. A McKinsey Global Institute report finds that $12 trillion could be added to global GDP by 2025 by advancing women’s equality (McKinsey Global Institute, 2015) Economic evidence shows that giving women the same opportunities as men improves a country’s competitiveness and productivity, which in turn has a positive impact on economic growth and poverty reduction. Globally, the elimination of all forms of discrimination against women could raise per capita productivity by 40 per cent, according to the World Bank (Doing Business Report, 2017). Women play a significant role Continue Reading

Trade Tuesday For Women In Business: Financing Growth

Women entrepreneurs often start businesses using less capital than men due to limitations in income and reserves as well as lack of knowledge about the availability of institutional funding. They are less likely to use bank loans to fund the commencement of operations and more likely to borrow from family and friends and use non-traditional/non-institutional lenders. This manifests in the relatively smaller sizes of the businesses that they run. On Tues 2nd April, OWIT Nairobi hosted a seminar – ‘Financing Growth’ – in partnership with Gulf Africa Bank.  It was an insightful conversation.  In addition to the presentation made by GAB, the OWIT members & guests took it as an opportunity to ask everything & anything about raising capital to finance growth. The key takeaways for me were; Build a relationship with your Banker.  An Account Manager who has a Continue Reading