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.

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Lax Laws Foster High Indebtedness

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.

Batlokwa reject Tlokweng expansion plan

Enough is enough – Kgosi Gaborone

CoA dismisses Meswele convicts' appeal against 40-year imprisonment

‘Insurance killer’ case leaves family in ruins

Serowe police probe Mogorosi tragedy

Man found seriously injured by Letlhakane roadside

Traditional doctor found hanging in a tree in Tewane

Pensioner loses P30,000 to KYC phone scam

BPF should get house in order