The rich get even richer

Authored by AfAsia Bank and New World Wealth, the 2017 African Wealth Report also reports that the population of the country’s US dollar millionaires rose by 19% between 2006 and 2016, placing it among African states rapidly spawning multimillionaires.

Data for the report is sourced from interviews with intermediaries such as wealth managers, financial advisors, property agents, property registers and property sales statistics, interviews with the wealthy themselves, as well as other methods. The report provides a sliver of light on data that is traditionally closely guarded about the super rich in Botswana. While researchers know the identify of the millionaires, this is never revealed to the public.