Batswana are Africa's third biggest spenders

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Local households are Africa's third biggest spenders on goods and services in terms of per capita value, with data indicating the trend is a mixture of both high prices and robust consumption.

Earlier this week, the African Development Bank (AfDB) released a 92-page comparison of real household spending in 49 countries, contrasting the prices of 1,016 products and services, taken at different times of the year and their consumption in individual countries in 2009.

The study is part of a global statistical initiative designed to help countries enhance their statistical capacities in the important areas of national accounts and price statistics. According to the study, spending on food in Botswana, Mauritius, Seychelles and Swaziland is more than three times higher than the all-African average, with food prices in Botswana ranked Africa's fifth most expensive.

Editor's Comment
Women unite for progress

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...

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