Motshelo goes mainstream and grows
Friday, December 11, 2015
![Barclays' Motshelo account is a crowd puller](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/uploads/imported_images/2015/december/11/phpDDAC.tmp.jpg&w=400&q=72&f=jpg&t=1)
Barclays' Motshelo account is a crowd puller
Mmegi: How has the Motshelo product performed in 2015 in terms of numbers of accounts and/or value of deposits?
Sefena: The Motshelo product continues to grow year-on-year as Batswana realise the importance of safeguarding their contributions as well as proper reconciliation through bank statements. More accounts were opened this year and the value of the pot has been increasing. During the first quarter of 2015, we launched ‘Boost Your Motshelo campaign’ where we saw an increase of motshelo groups taking the solution. At the end of the campaign we had six motshelo groups winning a P5,000 boost into their motshelo account.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...