Metshelo head for bumper savings season

Motshelo 'dividends' often come handy in the New Year
Motshelo 'dividends' often come handy in the New Year

Savings cooperatives based on the collective purchasing power of members for Christmas shopping, are headed for a record year in terms of savings. Staff Writer, BABOKI KAYAWE explains how low inflation throughout 2015 means weightier trolleys for metshelo

December is a very busy month across the wholesale and retail sectors, as consumers empowered by the 13th cheque seek to stock up on the festive bargains offered.  Metshelo groups, however, are in a class of their own, using the savings they have pooled throughout the year to empty aisles in wholesale and retail stores.

 

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

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