Banks freeze loans to miners as crunch bites
Friday, February 13, 2009
A survey conducted by Business Week established that top commercial banks, no longer accept personal or home loan applications from workers from the mining sector and related industries.
The crunch began with the bank and the property markets in the United States of America (US) before spreading across the Atlantic into Europe and Africa, and early indications in Botswana were that only the mining and related industries would be severely affected.
It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...