Commercial banks urged to improve services
Tuesday, April 01, 2014
Barclays airport junction branch was officially opened last week
Speaking at the official opening of the Barclays airport junction branch, Matambo said with increased diamond trading activities, Gaborone is gradually turning into a destination for international diamond dealers. “As new downstream industries open, the role of the banking sector is more critical than ever to support development of Botswana’s diamond industry,” he said.
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...