BAMB assures on adequate grain supplies
Friday, February 02, 2024 | 790 Views |
Ready to help: BAMB says its silos are full and in addition, imports will be made should the need arise
Known as the SGR, the strategic grain reserves usually involve government buying crops and taking responsibility for their storage until they are needed to make up for shortfalls in the economy.
BAMB’s silo storage capacity is 85,000 metric tonnes (Mt), but the maximum required levels for the SGR is 70,000Mt comprising of 30,000Mt of sorghum, 30,000Mt of Maize and 10,000Mt of beans. At minimum, the BAMB is required to keep 10,000Mt of sorghum, 10,000Mt of maize and 2,000Mt of beans.
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...