Numbers of local US dollar millionaires drop by 200
Friday, October 23, 2020
The latest update of New World Wealth’s assessment of Africa’s richest countries and cities, suggests that from 2,000 US dollar millionaires in Botswana in 2018, the numbers by June 2020 had dropped to 1,800.
Produced in collaboration with AfrAsia Bank, the report’s researchers use models to calculate wealth breakdowns for each country, with key inputs that include stock market, property, income and GDP per capita statistics. Researchers also use historical in-house databases and account for currency, stock market and property price movements, amongst others.
March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...