FNBB Helps Clients Minimise The Impact Of Load-Shedding

FNB Customers.
FNB Customers.

Continuously innovating ways to help customers, First National Bank Botswana (FNBB) recently launched the Generator Finance loan product. The product allows FNBB customers access to finance to purchase power generators for individual or businesses use.

The Generator Finance loan from FNBB comes as solution to help mitigate the impact of power shortage in the country. The power shortages have become a regional phenomenon and it is becoming increasingly difficult to increase power imports so as to support adequate local electricity distribution. As a result, Botswana has undergone some load shedding and blackouts during working hours, which has affected operations of most businesses.

Grace Setlhare Mankanku, Director of FNB Business says, “We believe that this is an appropriate solution as load-shedding is increasingly affecting businesses and consumers, therefore, financing generators will go a long way to helping our customers to plan better”. “It is important for the private sector to support efforts to minimise the impact of energy constraints on businesses as well as consumers.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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