Threat of terrorism to Botswana is real and getting closer
Friday, November 06, 2020
As risk consultants we realise that every risk management system has flaws and when it is in place it does not guarantee that identified risks will not occur and if they do, will have the level of impact that was assessed.
Unfortunately, some risks are impossible to predict, and a few are extremely difficult to foresee. Perhaps an example of the latter is a terrorist attack. We know that various terrorist groups exist, but due to the covert nature of their operations, we know little if anything about their intentions, capability, their targets and when they will strike.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...