Namibia offers lessons as BPC gets more billions
Monday, March 11, 2024 | 1000 Views |
Cost of production: Morupule B is the country’s main power plant
Under the original Transitional National Development Plan covering the financial years between April 2023 and March 31, 2025, the Botswana Power Corporation (BPC) was allocated P1 billion in support from government.
The Corporation was due to receive the bulk of the P2.68 billion approved by Parliament under the TNDP for “electricity generation transmission and distribution,” a description that includes tariff subsidies and support to import electricity as well as rural electrification, grid extension and the installation of renewable energy.
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...