Legislator decries �unproductive� household debt

Kenewendo PIC: MORERI SEJAKGOMO
Kenewendo PIC: MORERI SEJAKGOMO

Household debt that is often for unproductive purposes is a worrisome phenomenon in the country, specially elected legislator, Bogolo Kenewendo said yesterday.

Speaking at the launch of a new financial literacy product by Liberty Life Botswana, dubbed ‘Mind My Money’, she said it is a great concern to government and partner entities that there is a notable increase in household indebtedness.

Kenewendo attributed this to living beyond means and wanting to fund lifestyles or projects that one cannot afford, and not utilising the appropriate financial instruments available in order to prepare for tomorrow today.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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