Bank Gaborone promotes saving culture

Wednesday, May 20, 2015

Concerned by the countrys 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).

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