Survey: 90% of Batswana earn below P10, 000 monthly

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About 90 percent of Batswana earn not more than P10, 000 per month, a trend that has contributed to the low uptake of financial services such as mortgage finance, a diagnostic study on financial services provision shows.

Results of the Making Access Possible (MAP) report released in Gaborone this week, show that a combination of high cost of land as well as low incomes has excluded the majority of the population from mortgage finance.

The MAP study derived the income distribution figures from the 2015 Finscope survey, which was conducted between October and December last year sampling 1503 respondents from Botswana’s total population of 1.3 million adults.

Editor's Comment
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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