Business reporters key to indebtedness story � Thamane

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CEDA chief executive officer, Thabo Thamane, says business reporters are crucial to uncovering the impact the household indebtedness crisis is having at grassroots level, as high-level efforts continue to rein back the crisis.

Speaking at CEDA’s workshop for business journalists last Wednesday, Thamane added his organisation’s voice to growing cross-sectoral concerns on the rising levels of household indebtedness.

“Government is concerned about the high level of indebtedness which accounts to 80 percent of loans from banks,” he said.

Editor's Comment
Gov't, unions must find common ground

The situation is exacerbated by the ruling party’s admission that some of its most important election promises remain unfulfilled. This is not the change many Batswana had expected. The UDC was elected into power on a strong promise to improve lives, create jobs, protect workers and repair public services. It is therefore, not enough for the party to point only to new ministries, policies and long-term plans. These may be necessary, but...

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