Study to gauge financial inclusion on cards
Tuesday, February 10, 2015

According to Minister Kenneth Matambo, improving financial inclusion is key to achieving inclusive growth through provision of basic financial services to the people. “The financial sector has intensified its efforts to promote financial inclusion, broadly defined as the delivery of financial services at affordable costs to disadvantaged and low-income segments of the society.
“During the year 2015/2016, a ‘Making Access to Financial Services Possible’ diagnostic analysis will be carried out in Botswana, with the view to develop a comprehensive financial inclusion road map, which should lead to a more accessible, inclusive and robust financial system,” said Matambo last week when presenting the 2015/16 Budget Speech.
Instead, it has sparked a storm of accusations, denials, and unresolved questions about the influence of De Beers on the nation’s politics. Former president Mokgweetsi Masisi’s claims that the diamond giants bankrolled his removal to dodge taxes – and that the new Umbrella for Democratic Change (UDC) government watered down a favourable diamond deal – are explosive matters. But without evidence, they risk becoming a toxic distraction from...