New economic instruments not as fruitful as hoped
Friday, August 05, 2022 | 1140 Views |
At the helm: Serame announced relief measures last week PIC MORERI SEJAKGOMO
One remains quite wary as to spending habits and prospects of many different endeavours, including business creation and business sustainability.
The Minister of Finance, Peggy Serame, recently announced new policy instruments within her ministry in an effort to provide a cushion to the people of Botswana and their businesses against the rising costs of goods and services.
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...