The Minister of Finance and Development Planning, Kenneth Matambo made the call when officially opening the Botswana Building Society (BBS) branch in the city last Thursday.The BBS branch was completed early last year and began operating in August the same year though it was not officially opened. It was completed within a stipulated budget of P25 million.
In Matambo's view, Francistown's economy could reach greater heights if more corporate companies opened branches in the city."Corporate companies should follow the example of the BBS and build their regional offices in Francistown. "This would not only help to change the current situation where a majority of businesses are based in Gaborone, but also help create jobs. This would then boost the economy of the city," he averred.Should more corporate companies heed the minister's call it will also help change for the better the city's ailing landscape as well as help corporate bodies take their services to the public.Matambo also noted that the growth of BBS over the years has been impressive. He said the society's assets have grown tremendously compared to the last 36 years.In March 1977 the society's assets amounted to P4, 108,000. Today BBS assets have skyrocketed to over P2, 4 billion.
