Debt Recovery Agency Rehabilitates Indebted Batswana

Elliot Moshoke PIC:MORERI SEJAKGOMO
Elliot Moshoke PIC:MORERI SEJAKGOMO

Over the years it has become apparent that Batswana are highly in debt. The latest statistics from Bank of Botswana indicate that as of January 2018 the country's household debt has reached an all-time high of $3.4 billion (P33.7 billion).

An entrepreneur with a legal and finance background, Elliot Moshoke saw it as an opportunity to start a debt recovery company called Real Debt Recovery, which helps corporates recover their debts and offers rehabilitation to the debtors.

“Passion drove me to start this company about 16 years ago because I realised that people struggled to collect debt and mostly do not have sufficient time to focus on them, hence the reason why I decided that I can intervene and do that on their behalf,” he said.

Editor's Comment
Don't let FMD outbreak drag on

Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...

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