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
Mabogo dinku a thebana

According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...

Have a Story? Send Us a tip
arrow up