Local US dollar millionaires

Many of Botswana's wealthiest individuals are into property development
Many of Botswana's wealthiest individuals are into property development

The number of individuals in Botswana with assets of US$1 million (P8.83 million) or more rose by 63 percent to 2,300 between 2003 and the end of 2013, an authoritative wealth study has revealed.

The New World Wealth report is the country’s first peek into a dataset regarded as highly private and where the individuals named have naturally sought to limit access or public scrutiny.

Editor's Comment
Gov’t must rectify recognition of Khama as Kgosi

While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....

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