'Positive trends in recent credit growth'

The latest trends are suggested by the Bank of Botswana's monthly analysis of banking sector trends and observations by economists. According to the data, more commercial bank lending is being extended by the private sector, parastatals and other business sectors, as opposed to the rampant uptake by households seen in years before the recession.

The proportion of credit to households has consistently been higher than the uptake by businesses over the years, contributing to inflation through non-productive spending while simultaneously driving national indebtedness higher and encouraging a culture of consumerism.