The power of togetherness

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Nearly all Batswana have embraced cooperative savings as investment schemes, especially low-income earners and women. This has become the lifeblood of many so much that it has transformed into more of a lifestyle and less of a practice. Around this time of the year, every year, stacks of cash, foodstuffs, kitchenware and other items are being distributed among members, as ‘dividends’. Mmegi staffers, BABOKI KAYAWE, MPHO MOKWAPE and correspondent NNASARETHA KGAMANYANE take a deeper look into motshelo

Cooperative savings societies are critical for many Batswana having been in existence since time immemorial. Thousands of families have made ends meet through these simple financial models. Some single-mother households have raised children through metshelo, while for others they are a source of above market returns and informal sector wealth creation. Metshelo come in all shapes and types.

 

Editor's Comment
UDC's 100 Days: Please deliver your promises!

We duly congratulate them to have ousted the long ruling Botswana Democratic Party (BDP) from power. Prior to taking power from the BDP, the coalition had made several election promises that are credited for influencing change and swaying the people to vote in its favour.The party had made an undertaking, which its leader and President Duma Boko consistently bellowed in his campaign trail. These undertakings were promises that Batswana would be...

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