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Richest 1% in Botswana earn 20 times the national average

The lap of luxury: Previous wealth reports indicated that the Okavango Delta is one of the favourite addresses for the world’s richest PIC: THALEFANG CHARLES
The lap of luxury: Previous wealth reports indicated that the Okavango Delta is one of the favourite addresses for the world’s richest PIC: THALEFANG CHARLES

A new global report released by the World Inequality Lab this week estimates that the richest one percent of people in the country earned more than 20 times the average income of the rest of Batswana in 2021, underlining the gap between classes in the country. Staff Writer, MBONGENI MGUNI reports

The World Inequality Lab’s database released this week features an interesting tool that allows users to gauge where their income lies in their country’s overall picture. According to the tool, to be in the top one percent of income earners in Botswana, you had to earn at least P142,601 per month in 2021 before tax.

By comparison, to be in the midpoint of the scale, where 49% of people earn less than you and 51% of people earn more than you, you have to earn P5,213 per month.

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Editor's Comment
Are we doing enough?

Women and children continue to suffer at the hands of men who, in their heads, seem to view them as objects they can abuse to satisfy their sick, disgusting tendencies. Hardly a day goes by without reports of a woman, an elderly woman, or a child being raped! Where are we going as Batswana? Rapists have instilled fear into people’s lives; there is no haven for anyone anymore as people live in fear not only walking the streets, but also inside...

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