�MMM Global is a scam�

We still haven’t learned our lesson about scams. Despite our history of TVI Express, Success University, Karatbars, WorldVentures and, above all, Eurextrade, people in Botswana are still falling victim to pyramid and Ponzi schemes.

You’d think that after Eurxtrade in particular, when so many of our friends, family, colleagues and neighbours lost so much money, some of them even being ruined financially, that we would have been better able to resist the lies of the scammers who run these schemes.

You’d think, wouldn’t you, that people would now know that the sort of claims made by the Eurextrade peddlers, of profits of “up to 2.9% daily”, are impossible. You’d think that people would know that investments typically grow slowly and steadily if you’re lucky and that enormous growth is a myth. Well, you’d think so. But it isn’t so.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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