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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.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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