Inside the motshelo nest-egg
Friday, May 08, 2015
Mmegi: What was the motivation behind setting up the Motshelo account and please give us its brief?
Sefena: We are a bank that exists to help Batswana prosper, and towards the end of 2011, we noted reports of security issues within metshelo, stories of funds being stolen and a lack of reconciliation where members did not benefit from what they had been saving for. Additionally, most groups used spread sheets or even notebooks for reconciliation but at the end of the year, there was no guarantee that these numbers would depict the real picture.
Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...