Stanbic promotes savings culture
Friday, July 14, 2017
Addressing the media this week, the bank’s chief executive officer Leina Gabaraane said the low bank rates are a double edge sword in the sense that as much as it affects them it also acts to stimulate the economy through cheaper credit for productive lending.
“The reason why monetary policy supports low bank rates is to try stimulate economic growth by getting people to borrow more because when there is great economic activity, it helps stimulate the economy,” he said.
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...