Lax Laws Foster High Indebtedness

Monday, October 27, 2014

Enforcement Of Strict Laws By The regulating authorities can abate the prevailing high indebtedness and financial illiteracy among Batswana, Betterlink managing director, Mathews Tshotelo said.

Speaking to the Business Monitor, Tshotelo said most people are caught in the trap of high arrears because financial institutions and banks are failing to give sufficient information on their charges.

“ There are many cases of high indebtedness debts in Botswana and in most instances people jump into loans without being informed about the charges,” he said.

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Lax Laws Foster High Indebtedness

Enforcement Of Strict Laws By The regulating authorities can abate the prevailing high indebtedness and financial illiteracy among Batswana, Betterlink managing director, Mathews Tshotelo said.

Athletics likely to go solo at Olympics

Amidst BFA fights, Sebego raises hand for presidency

Chiefs puzzled by docking of points

Fitness trainer, Zongwane breaks barriers

Khawa dangles largest payout

Ex-badminton official maintains innocence

Kwa Nokeng Oil sponsors young biker with P120,000

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Routine child vaccination imperative