Old Mutual trains St Andrews International Primary School Staff on financial matters

Old Mutual Malawi has trained over 40 staff members from St Andrews International Primary School in Blantyre on how they can manage their finances amid economic challenges facing the country.

The training which was facilitated by Old Mutual Financial Education Manager Bernard Chiluzi focused much on the Big Five Secrets of money management. A lesson extracted from the behavioral characteristics of the big five animals in the jungle namely; Lion, Elephant, Leopard, Rhino and Baffalo.

Citing an example of the behavior of a Leopard in the jungle, Chiluzi urged the staff members always to remain focus.

According to Chiluzi, the Leopard first spot the animal which is to hunt and all its energy and effort focuses on that and he urged the staff to emulate the same by clearly having an idea of what they are saving and investing for.

Speaking after the training Old Mutual Group IT Executive Gerald Mayamiko Chungu said the training was organized to help St Andrews staff prepare for the future.

“As you are aware the World we are living in is very unpredictable when it comes to economic landscape so we really need to have people who are well prepared for the future hence the training,” said Chungu while hinting on the need for staff members to start investing for the future.

“At Old Mutual we have various products that these staff can start investing on like Sogolo Savings Plan, Unit Trust, Alternative Investment and the returns are very significant and we believe after this training the staff members will pick one or two products,” he said.

On his part St Andrew’s International Primary School Head teacher Akif Naqvi hailed Mutual for the training.

“Honestly the training has been an eye opener for us and I believe the staff members from now onward they will start planning ahead,” he said.

After the training, the staff members were awarded with certificates.