Gov’t ups ante against speculative mineral explorers
Friday, October 21, 2022 | 200 Views |
Going digital: Moagi PIC: PHATSIMO KAPENG
At present, historical and updated information about the country’s mineral resources is stored physically, slowing down the processing of mineral rights applications as officers have to manually check records.
The manual system also provides a loophole for speculative concession holders, who are the bane of local mining authorities as they typically take up and hold onto licences without meaningful exploration while waiting to sell the rights forward.
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...