The other side of the borrowed coin

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As the annual festive retail onslaught nears, the financial services sector awaits a key World Bank report that could result in government establishing a national credit agency to protect unfairly indebted consumers. Ahead of the report, Staff Writer, MBONGENI MGUNI, finds that banks, furniture shops, micro-lenders and others are keen to shed their ‘bad-guy’ role in the household over-indebtedness saga


She says she does not hold a particular opinion one way or the other but all indicators are that Nomsa Motshegare probably feels Botswana could do with a national credit watchdog - an agency to monitor fair lending practices and provide recourse to consumers.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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