Mmegi

Cyber-finance crimes evade us, authorities admit

Breaking it down: Stanbic Bank Botswana hosted an in-depth discussion on virtual assets and fraud this week
Breaking it down: Stanbic Bank Botswana hosted an in-depth discussion on virtual assets and fraud this week

Illicit financial crimes conducted online continue to escape the grasp of local authorities as outdated technologies keep the country at risk of being a hub of financial misconduct.

This week Botswana Police Service officials revealed that they currently have zero cases recorded involving cryptocurrency illicit financial transactions, due to a lack of capacity.

This swims against the tide of alarms raised by the financial intelligence authority on the continual risk of financial terrorism that may be mushrooming below the radar of local authorities.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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