Lax Laws Foster High Indebtedness
Monday, October 27, 2014
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.
However, amidst the happiness, it is crucial to remember that the holidays can also bring unforeseen challenges. From increased traffic and travel hazards to heightened risks of accidents and social unrest, the festive period demands heightened awareness and responsible behaviour.Traffic congestion and accidents are a common occurrence during the holidays. With increased travel, roads become busier, leading to a higher risk of collisions. Alcohol...