Workers get the lowdown on how to save

Business

ENCOURAGING and promoting a savings culture is vital in empowering people to grow their wealth, according to Nasfund Contributors Savings and Loan Society td (NCSL)
NCSL marketing officer Jasper Kinaram conducted a presentation on the importance and benefits of saving at Frieda River gold mine in West
Sepik.
Forty employees of PanAust Ltd attended the presentation.
Kinaram said most employees who atten ded were interested in the different savings accounts and the interestrate on loans offered by the society.
“Existing members were very happy with NCSL’s new and enhanced self-service systems which are more convenient, especially in remote locations,” he said.
“Most employees at Frieda are locals who are employed on casual basis and wanted to know how best NCSL can assist them with saving money for rainy days.”
PanAust Ltd senior human resource of ficer Raymond Lega, who arranged the visit, said the presentation was to bringfinancial literacy to its employees.
According to NCSL, its marketing team plans to visit other mining sites and other provinces this year.
These visits are sche duled  upo n confirmation fromcompanies who want toreceive financial awarenesson NCSL’s products and services.