NBFIRA on financial literacy campaign
Wednesday, March 19, 2014
Through various financial literacy education programmes delivered through media and public workshops, NBFIRA this week embarked on a seven-day financial literacy education week in Gaborone and in Francistown.
The regulator states that the Financial Literacy Week is an initiative central to helping consumers make better decisions about management of their money conversely avoiding over indebtedness.
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...