Batswana enjoy fifth highest standard of living in Africa
Friday, June 24, 2011
An annual survey by New York-based financial magazine, Global Finance, reveals that Botswana's purchasing power parity (PPP) per capita in Africa is lower only than Libya, Gabon, Equatorial Guinea and Seychelles.
While the first three countries are powered by oil revenues, Seychelle's success is linked to its world-leading tourism sector and status. According to the survey, Botswana's PPP per capita - the generally used measure of comparative standards of living - was equivalent to US$14,792 (P96,148) last year, compared to US$13,992 (P90,948) in 2009.
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...