Bank Gaborone promotes saving culture

Andre Barnard
Andre Barnard

Concerned by the country’s low saving culture, Bank Gaborone has embarked on a mission to encourage savings as a lifestyle, in an effort to enhance better financial management by Batswana.

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

The country’s gross domestic savings was last measured at 37.6 percent of Gross Domestic Product (GDP) in 2014, according to the International Monetary Fund (IMF).

Editor's Comment
Bravo police for prompt action

It is also hurting that whilst we all know that the Botswana Police Service (BPS) is charged functionally with the duties to investigate all forms of crime, some locals have resorted to taking the law into their own hands. It is very wrong to do that. There is also a possibility that one may wrongfully take the life of a person in the process, unless it is a justifiable case of self-defence. Recently, in the city of Francistown, some locals found...

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