Business reporters key to indebtedness story � Thamane
Monday, June 23, 2014
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.
Smash-and-grab incidents became common at traffic lights, Automatic Teller Machine (ATM) bombings made headlines too often, cash-in-transit robberies terrified security personnel, while home invasions left families traumatised in the very places they were supposed to feel safest. The situation had reached alarming levels and threatened not only the peace of ordinary citizens, but also the country’s reputation as one of the safest and most...