African Alliance Fosters Savings Culture

Moarabi Mariri PIC: KENNEDY RAMOKONE
Moarabi Mariri PIC: KENNEDY RAMOKONE

Financial services company, African Alliance (AA) says it is on a drive towards cultivating a culture of greater savings. This came to the fore during last week’s launch of a managed fund for the Botswana Association of Tribal Land Authorities (BATLA), known as BATLA Group Investment Scheme.

African Alliance head of sales and distribution, Moarabi Mariri said Botswana has a low savings culture as compared to taking out of personal loans.

Statistics show that although earnings in Botswana are better than other Sub-Saharan countries, the level of personal savings is still considerably low.

Editor's Comment
Oh what a State funeral!

That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...

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