Time For BBS To Commercialise - Kgosidiile

Cross Kgosidiile
Cross Kgosidiile

The chairman of Botswana Building Society (BBS) Cross Kgosidiile says declining profits over the last couple of years are proof it is time the society took the commercial route and diversify its clients offerings.

In his notes in this year’s financials, the chairman said while BBS delivered a good performance (P54.9 million profit), despite challenging economic conditions, the results indicate the timing is appropriate for the business to change direction.

Kgosidiile says since inception in 1976 BBS had played a pivotal role in inculcating a culture of savings and assisting Batswana to acquire houses through affordable mortgages, however today customers demand more products and services, while BBS is no longer the sole player in mortgage financing.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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