BoB considers introducing a ‘digital pula’
Friday, June 17, 2022 | 3210 Views |

Thinking digital: The BoB has a dedicated group watching out for the latest in fintech PIC: MBONGENI MGUNI
A Central Bank Digital Currency (CBDC) is a digital form of central bank money that is widely available to the general public. Instead of only printing money, a central bank like the BoB would issue electronic coins or accounts backed by the full faith and credit of the government.
The central bank’s spokesperson, Seamogano Mosanako said the assessment is looking at the impact of a digital currency on price and financial stability, monetary policy transmission, regulation and oversight of the financial and payments system as well as promotion of financial sector development.
The walk serves to raise awareness of the prevalence and impact of using treatment to manage seizure attacks.While many are aware that epilepsy is a medical condition that requires specialised care by health practitioners, there are those who, unfortunately, have other ideas about the condition and often deny their children medical care.These individuals usually associate the medical condition with witchcraft and demonic attacks, and choose to...