Arrears to banks near P6bn

Arrears to banks near P6bn. PIC. THALEFANG CHARLES
Arrears to banks near P6bn. PIC. THALEFANG CHARLES

Arrears to commercial banks reached P5.97 billion in November last year, with at least P2.73 billion of that figure attributable to households.

The November total for all outstanding arrears is the highest in several years, according to the latest figures from the Bank of Botswana.

According to the central bank, 2018 opened with arrears at P5.3 billion, which then dipped to P5.2 billion in June, before closing near P6 billion in November.

Editor's Comment
Happy Independence!

We are 56 years old and what do we have to show for it? Looking at where Botswana started and where it is today, there are a lot of developments, but whether the developments match the number of years we have enjoyed as a country is a topic for another day.The fact that cannot be denied is we have seen major developments, but we are still lacking in several pertinent areas.Our beautiful country imports almost everything. We import fuel, food,...

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