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
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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