Botswana Life plugs financial literacy gap

Moorad (left) addressing media PIC:KAGISO ONKATSWITSE
Moorad (left) addressing media PIC:KAGISO ONKATSWITSE

Botswana Life Insurance Limited (BLIL) has embarked on a financial literacy campaign aimed at sensetising locals about making informed financial decisions with their investments.

In an interview with BusinessWeek, Botswana Life CEO, Bilkiss Moorad said they have decided to embark on the initiative after observing that there are gaps in general knowledge and understanding of financial products and services amongst locals.

“We have realised that most people do know how to save and are interested in saving but the main problem is how they use those savings. It matters to us to empower them and contribute by raising the general levels of financial literacy,” Moorad said.

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