January 29th, 2024
This is the first of a series of articles on pensions in Botswana. October 2023 saw the 15th edition of the Mercer CFA Institute Global Pension Index being issued. This report ranks 47 countries in terms of their pensions model, following detailed analyses of those countries. Although this analysis still represents only a minority of the total number of countries, it covers roughly 64% of the world’s total population as it includes countries with the biggest populations such as India, China, the United States of America and Indonesia.
South Africa has been included in the analysis for many years and has until 2023 been the only African country included. However, 2023 saw Botswana being included for the first time, only the second African country to be added, ahead of African countries with much large populations such as Nigeria and Ethiopia. Although South Africa may have won the 2023 Rugby World Cup, Botswana’s ranking at 37 beat South Africa’s position at 38 out of 47 countries assessed.