Legislator decries �unproductive� household debt

Kenewendo PIC: MORERI SEJAKGOMO
Kenewendo PIC: MORERI SEJAKGOMO

Household debt that is often for unproductive purposes is a worrisome phenomenon in the country, specially elected legislator, Bogolo Kenewendo said yesterday.

Speaking at the launch of a new financial literacy product by Liberty Life Botswana, dubbed ‘Mind My Money’, she said it is a great concern to government and partner entities that there is a notable increase in household indebtedness.

Kenewendo attributed this to living beyond means and wanting to fund lifestyles or projects that one cannot afford, and not utilising the appropriate financial instruments available in order to prepare for tomorrow today.

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The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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