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Banks report P5.98 billion loan defaults

Kitso Ramono Majaha by Kitso Ramono Majaha
October 6, 2025
in Business, Premium
0

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Government’s growing fiscal pressures escalate risks of default in household and business loan repayments   STAFF WRITER editors@thepatriot.co.bw Arrears on loans to the household and businesses increased by P1.56 billion from P4.42 billion in May 2025 to P5.98 billion in June 2025, according to the latest data from the banking sector.The data shows that during…

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Tags: commercial banksloan defaultsP5.98 billion
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  • NIJEL WARNS ATHLETESNovember 5, 2025
    Speaks out on doping as Botswana grapples with rising cases NANCY RAMOKHUA & KITSO RAMONO RelatedPosts NIJEL WARNS ATHLETES Doubt over Bonno Housing scheme Questions over Zotus City   Botswana’s athletics fraternity is facing an unsettling trend as the… Read more: NIJEL WARNS ATHLETES
  • Doubt over Bonno Housing schemeNovember 4, 2025
    WUC owed P1.6 billion: Govt departments owe P728 million, households P680 million, businesses P170 million, and councils P90 million   GORATAONE KGOSIMORE RelatedPosts NIJEL WARNS ATHLETES Doubt over Bonno Housing scheme Questions over Zotus City editors@thepatriot.co.bw   Bonno Housing… Read more: Doubt over Bonno Housing scheme
  • Questions over Zotus CityNovember 4, 2025
    Only MOU signed, no funds committed KITSO RAMONO RelatedPosts NIJEL WARNS ATHLETES Doubt over Bonno Housing scheme Questions over Zotus City editors@thepatriot.co.bw   Botswana government has distanced itself from fully backing the multi-billion pulaZotus Smart City project, saying no… Read more: Questions over Zotus City
  • LIQUIDITY LOCKDOWNNovember 4, 2025
    Cash crunch sinks smallbusinesses KITSO RAMONO editors@thepatriot.com RelatedPosts NIJEL WARNS ATHLETES Doubt over Bonno Housing scheme Questions over Zotus City Botswana’s economy is running out of cash, and the signs are everywhere. From delayed supplier payments to frozen credit… Read more: LIQUIDITY LOCKDOWN
  • Reject US prisoners, Botswana advisedNovember 4, 2025
    “Bringing prisoners to serve their sentences here is inherently risky. Their upkeep is expensive. What happens if a prisoner dies? What is it in it for Botswana?” - expert   CALISTUS BOSALETSWE RelatedPosts NIJEL WARNS ATHLETES Doubt over Bonno… Read more: Reject US prisoners, Botswana advised
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