Lax Laws Foster High Indebtedness

Monday, October 27, 2014

Enforcement Of Strict Laws By The regulating authorities can abate the prevailing high indebtedness and financial illiteracy among Batswana, Betterlink managing director, Mathews Tshotelo said.

Speaking to the Business Monitor, Tshotelo said most people are caught in the trap of high arrears because financial institutions and banks are failing to give sufficient information on their charges.

“ There are many cases of high indebtedness debts in Botswana and in most instances people jump into loans without being informed about the charges,” he said.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Shaping policy direction: Butale PIC: MORERI SEJAKGOMO

AP eyes policy reset

Tsaone Basimanebotlhe | 13 h ago

Loud, proud, perfect noise

Laone Choeunyane | 14 h ago

Jonny Pula, Triccs lead comedy masterclass in Paying Our Dues

Laone Choeunyane | 14 h ago

BDF men out to revenge for women’s side

Calistus Kolantsho | 15 h ago

Premier League expansion: A double-edged sword

Mqondisi Dube | 15 h ago

Strong field awaits Tebogo, Kebinatshipi in Eugene

Calistus Kolantsho | 15 h ago

This July, watch Nuremberg, The Housemaid and more new movies on DStv

correspondent | 30 Jun 2026

Grim realities behind Debswana’s birthday cheer

Mbongeni Mguni | 26 Jun 2026

FMD fight needs all of us

Botswana's cattle industry is one of the country's greatest assets. For many families, cattle are a source of income, food, pride, and culture. They pay school fees, build homes, and support livelihoods. Beyond the farm, the beef industry creates jobs and earns the country valuable foreign exchange through exports.That is why the construction of the new containment fence should not be viewed as just another government project. It is an...

The Monitor Editor | 30 June 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.