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Botswana Launches New Deposit Insurance Scheme | Botswana News
Botswana just launched its Deposit Insurance Scheme, DISB, a game-changing safety net for depositors—backed by the Bank of Botswana and active since July 21, 2023. Whether you’re an individual or business, citizen or not, your savings are protected up to 250,000 Pula per bank, preventing panic and boosting financial confidence. Managed by a seven-member committee appointed by Finance Minister, with representation from industry, academia, and government, DISB operates independently and transparently—with annual audits and public reports submitted to Parliament. This bold move signals…
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