Botswana’s subtle revolution: Orchestrating economic liberation through mineral wealth (Prt 3)
Friday, February 23, 2024 | 170 Views |
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Diamonds took centre stage in this punitive act, exposing the delayed and ambiguous stance on Russia's diamond supply, a decision conveniently postponed for nearly two years since the commencement of the Ukraine war in 2022.
Initially targeting Russia's oil, gas, and banking sectors, the sanctions subtly addressed diamonds, acknowledging their contribution to Russia's government revenue.
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...