Restore the DCEC, BPS dignity
Friday, August 04, 2023 | 250 Views |
This was good news for a country that has been struggling to contain emerging incidents of corruption and economic crime as the economy continues to grow. The President’s concerns and promises were not misplaced at all.
Mr President, do you remember these words being part of your inaugural speech in 2018?: “We remain committed to fighting corruption, in order to safeguard the hopes and dreams of all Batswana for current and future generations. Therefore, it is incumbent upon us to continue to strengthen our oversight institutions, and exact the full might of the law to ensure the fight against corruption in all its forms and manifestations is won.”
“Every time you borrow money, you are robbing from your future self”-Nathan.W.MorrisBank of Botswana’s latest supervision report shows loans placed on a watch list for potential repayment problems rising to P5.5 billion. These loans have not necessarily defaulted, which means there is still an opportunity to address the weaknesses. Meanwhile, loans already in arrears have reached P5.2 billion. For households, this pressure can mean...