African Alliance Fosters Savings Culture

Monday, May 23, 2016

Financial services company, African Alliance (AA) says it is on a drive towards cultivating a culture of greater savings. This came to the fore during last week’s launch of a managed fund for the Botswana Association of Tribal Land Authorities (BATLA), known as BATLA Group Investment Scheme.

African Alliance head of sales and distribution, Moarabi Mariri said Botswana has a low savings culture as compared to taking out of personal loans.

Statistics show that although earnings in Botswana are better than other Sub-Saharan countries, the level of personal savings is still considerably low.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

For the people: Stanbic Bank representatives in Letlhakane during an event. The bank has doubled down on its customer-focus and digital platforms PIC: FACEBOOK

Faulty gadgets top complaints to BOCRA

Mbongeni Mguni | 1d ago

Civil Society fights 'flawed' constitutional amendment

Innocent Selatlhwa | 22 Apr 2024

Civil Society calls for Constitution review governing Act

Innocent Selatlhwa | 22 Apr 2024

IEC rejects 2,513 registrations

Innocent Selatlhwa | 22 Apr 2024

Motshegwa prevails against detractors

Goitsemodimo Kaelo | 22 Apr 2024

Serowe woman ingests acid, attempts suicide

Pini Bothoko | 22 Apr 2024

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

The Monitor Editor | 23 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

African Alliance Fosters Savings Culture

Financial services company, African Alliance (AA) says it is on a drive towards cultivating a culture of greater savings. This came to the fore during last week’s launch of a managed fund for the Botswana Association of Tribal Land Authorities (BATLA), known as BATLA Group Investment Scheme.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!