Use tax payer’s money wisely
Friday, March 22, 2024 | 150 Views |
This week, the Botswana Institute for Development Policy Analysis (BIDPA) presented a draft study on the entrepreneurship landscape in Botswana that revealed horrific figures over how the taxpayer’s money goes down the drain in some of government investments.
The report revealed that while government has resolved to create jobs for Botswana’s ailing economy through funding Small to medium enterprises (SMEs), for a period spanning over five years now, on the other hand the State has been perennially losing lump sums with little to no job creation being done.
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...