At the same time, the recent labour force survey results, by Statistics Botswana, for the third quarter of 2019, indicate an unemployment rate of 20.7 percent. This reinforces the  assessment of below-potential performance of the economy, modest  aggregate  demand  and,  consequently,  subdued  pressures on inflation.
At a meeting held with the leading bankers on December 16, 201, I have urged my banker friends to revisit the important issues in the light of international best practices, the need for protecting our consumers against fraud, the availability of insurance products to protect individuals from such frauds and finally a clearly spelt out compensation policy that is communicated to the customers upfront.