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
Parents should be more proactive in children’s lives

Parents need to pay particular attention to their children to ensure they grow up in a healthy environment that supports their development and mental health. Healthy attachments between parents and children foster strong bonds, creating a solid foundation for future leaders.In many African cultures, there is a common perception that parents should use a stick to discipline naughty children. While disciplining children is important, it is equally...

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