Lax Laws Foster High Indebtedness
Monday, October 27, 2014
Speaking to the Business Monitor, Tshotelo said most people are caught in the trap of high arrears because financial institutions and banks are failing to give sufficient information on their charges.
“ There are many cases of high indebtedness debts in Botswana and in most instances people jump into loans without being informed about the charges,” he said.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...