Gaborone homeowners push borrowing limits
Homeowners with properties in Gaborone are carrying mortgage debt equivalent to nearly 94% of their properties' value, leaving them with little room to absorb a fall in house prices as expensive loans and a slowing economy weigh on the residential market, BusinessWeek has established.
The State apparatus must be sanitised
When the State cannot rely on its own machinery to pursue suspected wrongdoing, repairing that machinery must become a national priority.The establishment of a Special Investigations and Asset Recovery Task Force may help government respond to the immediate challenge. However, Botswana cannot afford to leave the Directorate on Corruption and Economic Crime (DCEC) and the Directorate of Public Prosecutions (DPP) struggling whilst building...