Letshego tackles high indebtedness
Tuesday, November 25, 2014
“The purpose of this campaign is to impart the basics of personal financial management such as budgeting, financial planning and discipline in order to increase financial literacy in Botswana.” CEO Fred Mmelesi told a media briefing On Friday.
Mmelesi highlighted that this followed after their half-year results ended 31 July indicated that there are high rates of indebtedness locally. He noted that the increasing volumes of household debt in the country are a concern for banks, government as well as regulators, like NBFIRA.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...