Financial pressure mounts on households
Friday, October 09, 2026 | 120 Views |
Tracking trends: Ramaselwana
The third-quarter survey by the credit risk firm found that the proportion of consumers reporting a decline in household income over the previous three months rose from 30% in 2025 to 39% in 2026, whilst those reporting income growth fell from 33% to 26%.
At the same time, the proportion of consumers expecting difficulty paying at least one current bill or loan increased from 34% to 39%.
“Every time you borrow money, you are robbing from your future self”-Nathan.W.MorrisBank of Botswana’s latest supervision report shows loans placed on a watch list for potential repayment problems rising to P5.5 billion. These loans have not necessarily defaulted, which means there is still an opportunity to address the weaknesses. Meanwhile, loans already in arrears have reached P5.2 billion. For households, this pressure can mean...