Oiling the wheels of trade
Wednesday, September 13, 2023 | 1660 Views |
Charting a path: Mpugwa PIC: KENNEDY RAMOKONE
Petroleum industry veteran and Kwa Nokeng Oil CEO, Mahube Mpugwa, says the citizen-owned company’s ambition is to see Botswana become the region’s most preferred trade and logistics route. In a region where governments are building infrastructure such as roads and bridges to attract more of the trade traffic and investment their way, private investors such as Kwa Nokeng are playing a key role.
Several countries frequently make the claim of being the region’s logistics hub, a coveted status that can be leveraged for investment and the growth of downstream activities.
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...