Botswana least energy-intensive economy
Thursday, December 19, 2013
The report says Botswana’s economic dependence on diamond exports makes it one of the exceptions in the region. Diamonds contribute over one-third to the country’s GDP.
"Although mining is in general an energy-intensive industry, the high value of exports compared to the energy needed to extract them and the overall lack of other industrial development make the country’s economy, one of the least energy-intensive economies globally and the best performer in the region for this indicator," it states.
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...