Inside Boko's briefcase
Thursday, February 05, 2015
Leader of Opposition, Duma Boko of the Umbrella for Democratic Change (UDC) has urged Bank of Botswana (BoB) to be firm with commercial banks.
Responding to the Budget Speech yesterday, he said that while it is commendable that BoB has managed to control inflation to foster economic growth, it has failed to rein in commercial banks.
The fees have been doubled from the previous amounts and raise concerns about political participation accessibility and democratic representation principles.This significant fee increase prompts questions regarding its impact on grassroots democracy.On one hand, the fees act as a filter, ensuring only serious contenders enter the race, potentially reducing frivolous candidacies and generating crucial campaign funds. The BDP argues that aspiring...