High loan costs force Batswana to shelve borrowing

Data from the central bank shows that as of May, household credit stands at around P55 billion, less than P57 billion recorded in May 2025.

This means that households aren’t taking up new credit or getting new loans, not because they don’t want them but because they simply can’t afford them. ‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and…