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One-third of consumers worry about loan default

Balancing act: Consumers expect their incomes to remain unsteady in the short term PIC: MORERI SEJAKGOMO
Balancing act: Consumers expect their incomes to remain unsteady in the short term PIC: MORERI SEJAKGOMO

A sample survey by the country's leading credit bureau, TransUnion Botswana, estimates that 34% of local consumers are concerned about being able to meet their bills and loan obligations, BusinessWeek has learnt.

TransUnion and its research partner, Dynata, surveyed 401 adults residing in Botswana between May 5 and 22 using an online research panel method across a combination of desktop, mobile and tablet devices.

To increase representativeness across demographics, the survey included quotas to balance responses across dimensions such as age, gender, household income, and region.

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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