King Cokwe wants financial literacy material in national languages

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King Cokwe wants financial literacy material in national languages
King Cokwe wants financial literacy material in national languages

Africa-Press – Angola. The need to translate subjects related to literacy and financial management into national languages, aiming at broad knowledge of the communities’ populations, was suggested, this Tuesday, in the municipality of Dala (Lunda-Sul), by King Cokwe, Mwene Mwatxissengue Wa Tembo, João Lucas Lukhassa.

Financial literacy is an ability to deal with personal finances and make assertive decisions about money, an essential skill for anyone who wants to manage resources satisfactorily.

The king made these considerations in a meeting held with the local sobas, to listen to the problems being debated and shape the alignment of traditional power.

According to him, translating financial literacy into national languages ​​will allow a greater number of citizens who do not speak Portuguese to better understand, interpret and master available resource management methodologies, taking into account the constant increase in the basic food basket and not only.

On the other hand, he said that many of the situations and disagreements in the region occur due to lack of knowledge of the history of Cokwe culture, defending the regular holding of meetings to clarify the habits and customs of the people.

He lamented the fact that many people allow themselves to be influenced by the cultures of other peoples, negatively weakening the essence of the Cokwe identity.

He called on traditional authorities to invest in agricultural production and have more unity, as well as persuade the population to help preserve public assets and consolidate peace and national reconciliation.

Similar meetings will be held in the remaining municipalities of the province.

Data shows that the population’s financial literacy is set at 24.7 percent across the country, according to a 2023 survey.

The main indicators evaluated include, in addition to the level of financial literacy, the behavior and attitude of citizens towards financial products, which are crucial for guiding public policies and improving the Angolan financial system.

The municipality of Dala, which is 145 kilometers from the capital (Saurimo), has an estimated population of 34 thousand 125 inhabitants, mostly peasants, distributed in the municipalities of Dala, Cazage and Luma-Cassai.

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