Half of Batswana are middle class - AfDB

Spurred on by robust economic growth over the past two decades, just under half of the Botswana population is considered to be in the middle class. However, a significant proportion is still vulnerable to economic shocks and can easily slip back into the low-income class, the African Development Bank (AfDB) says in a report released this week.

According to the report, 47 percent of Batswana are considered to be in the middle class, although only 29 percent is in the stable category (non-floating) and are therefore not susceptible to falling back into poverty in the event of exogenous shocks. The study titled; The Middle of the Pyramid: Dynamics of the Middle Class in Africa dissects the African middle class into three categories.

The lowest class (floating class) has per capita consumption levels of between P13.6 and P27.2 ($2 to $4) per day. Individuals at this level are only slightly above the developing world's poverty line of $2 per person per day.According to the report, about 18 percent of Batswana fall into this category, which translates into about 360,000 people.

Editor's Comment
Stop the children killing madness!

The incident comes on the heels of a similar one where a father murdered his two toddlers in Francistown. As we grapple with the shock and sorrow of this loss, it is essential to address the underlying issues that led to such a horrific outcome.Our hearts go out to the innocent victims, the three boys aged 13, 10, and eight who lost their lives in circumstances that defy comprehension. Their deep cuts and untimely demise have left a scar on the...

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