It is an honour and privilege to have been invited to be part of this important event and officiate at the opening of the Sir Seretse Khama International Airport Branch of Standard Chartered Bank. The opening of this branch is yet another testimony to Standard Chartered Bank’s Brand Promise of being “Here for Good and Here for Africa”.
It is indeed a practical demonstration of commitment towards providing convenient access to banking services, in support of economic development, employment creation, financial inclusion and, more broadly, financial sector development in Botswana.
Let me, therefore, start by thanking the Board of Directors, Chief Executive Officer, Management and Staff of Standard Chartered Bank for the bank’s continued support and investment in the economy and the people of Botswana. Your efforts, in this regard, are highly commendable.
I can only hope that, this is a good sign; that in my new role as Governor of the Bank of Botswana, there will be many more new Standard Chartered facilities to which I will be invited, preferably in remote areas of Botswana, as well.
Standard Chartered Bank has had a long term relationship with this country. It first opened its doors to the public in 1897, and by the 1960’s, the bank had established branches in Lobatse, Mahalapye and Gaborone. Therefore, while Botswana has just attained 50 years of independence, Standard Chartered looks towards 120-year anniversary in 2017.
Since its inception, the bank has grown in terms of asset base, deposit and advances and, to-date, it is among the four largest banks in Botswana. The bank employs approximately 800 Batswana and operates a network of 20 branches and sub-branches inclusive of the new branch, as well as 68 Automated Teller Machines (ATMs) throughout the country.
I am reliably informed that as recently as 2015, the Standard Chartered Bank Group committed USD1.5 billion towards technology infrastructure over three (3) years with an emphasis on mobile and digital platforms, with these innovative offerings being offered here in Botswana as they are for the rest of the Group.
This commitment saw the bank being awarded the “Best Global Consumer Digital Bank” by Global Finance for the sixth successive year. I am also informed that at the same awards ceremony in London, the bank further emerged as the Best Global Consumer Mobile Banking; Best Global Consumer Mobile Banking App; Best Global Information Security Initiatives; and Best Consumer Digital Bank Middle East and Africa. I take this opportunity to commend Standard Chartered Bank for these laudable achievements.
A major development challenge for many countries in the region is that the financial markets are fragmented and a large number of people do not have cost-effective access to financial services. For example, the Botswana Finscope Survey of 2014 indicates that even though Botswana has made significant progress in resolving the issue of access to basic financial services, there is still room for improvement.
The survey found that formal access to financial services stands at 68 percent, with most segments of the population having broad access to financial services; 46 percent of adults use more than one product category such as savings, credit, insurance and payments, while 24 percent of the population are completely excluded mainly in the lower income, rural and remote areas.
The main policy objective of the financial inclusion agenda is to “improve household welfare, increase economic efficiency and support economic growth” by increasing outreach. This can be achieved through several means. First, besides opening branches outside urban and semi-urban areas, banks can also take advantage of opportunities provided by technological advancements to offer affordable on-line products and services.
Second, banks can also make significant investments in infrastructure and staff to mobilise resources for further expansion to reach the unbanked. Third, there is no doubt that user-friendly and cost-effective information and communication products and platforms play an important role in broadening safe and secure access to financial services. In this regard, financial literacy and public education are paramount.
It is undeniable that communications infrastructure, especially mobile money and efficient payment systems, play a significant role in financial inclusion. It has also been established that financial inclusion promotes economic development and is a major tool for economic empowerment, especially of women.
Therefore, public policy will continue to focus on fostering broader access to financial services by building on well-functioning mobile money technologies and a more cost-effective access to payments and financial messaging infrastructure in order to promote inclusive growth.
The opening today of this branch here at Sir Seretse Khama International Airport, I am told the first bank to open a full-fledged branch post the refurbishment of the airport, will no doubt be an important public infrastructure; making banking more accessible and convenient to customers as they enter into and leave the City of Gaborone.
Furthermore, I have no doubt that this facility which, I am told, will offer world class banking facilities, will support both the country’s tourism objectives and the ambition of the airport authorities to welcome visitors from across the globe.
I am assured that this will be indeed the case as the branch will offer the complete suite of banking services including: Personal Banking, Internet Banking, Priority Banking and a 24 hour ATM that offers South African Rand withdrawals.
Another matter of serious concern in today’s banking world is the fast-growing problem of cybercrime. The internet and other digital platforms have provided capabilities and opportunities that have transformed many business activities, resulting in much faster, easier and cheaper execution and conclusion of transactions.
However, the same platforms have provided criminals with new opportunities and fertile ground to pursue unlawful businesses, such as cybercrime.
You will readily agree that the corrosive effect of such criminal acts, including card fraud and identity theft, can discourage members of the public from entrusting their savings with banks; this could undermine public confidence and trust in the banking system.
Cybercrime and other forms of fraud also impose a financial cost on the economy as banks and customers have to allocate large amounts of human and financial resources on preventative measures.
That is why the Bank of Botswana has implored banks to have robust and effective corporate governance frameworks, sound risk management and internal control systems as well as ensure compliance with best international standards for combating such criminal activities; and build resilience to withstand any threats that could arise from internal or external sources.
In this regard, I wish to commend Standard Chartered Bank for consistently complying with regulatory and corporate governance issues, thus fulfilling the fiduciary responsibility bestowed on the Board and Management of banks, by the banking license to operate in a prudent, safe and sound manner.
Standard Chartered Bank has also undertaken highly visible social responsibility programmes and has also given back directly to the community through its community investment initiatives. The bank’s Global community investment programme – Seeing is Believing – has taken the task of tackling avoidable blindness across the globe.
I am informed that, since 2003, over 100 million people have been helped through the programme. In Botswana, the programme recently concluded a 3-year P4 million project with the Ministry of Health and Wellness and Addenbrooks Abroad called Pono le Tlotlo.
The programme saw the establishment of testing centres strategically located across the country with a particular focus on testing children, the elderly and those with diabetes. Furthermore, the bank’s employee volunteering programme sees staff members devoting their time to supporting community initiatives of their choice and has seen contributions made to schools across the country. These are commendable efforts, indeed.
Official opening of Standard Chartered Bank Sir Seretse Khama International Airport Branch by Governor of the Bank of Botswana, Mr Moses Pelaelo
This is a question that should seriously exercise the mind of every Botswana citizen and every science researcher, every health worker and every political leader political.
The Covid-19 currently defines our lives and poses a direct threat to every aspect and every part of national safety, security and general well-being. This disease has become a normative part of human life throughout the world.
The first part of the struggle against the murderous depredation of this disease was to protect personal life through restrictive health injunctions and protocols; the worst possibly being human isolation and masks that hid our sorrows and lamentations through thin veils. We suffered that humiliation with grace and I believe as a nation we did a great job.
Now the vaccines are here, ushering us into the second phase of this war against the plague; and we are asking ourselves, is this science-driven fight against Covid-19 spell the end of pandemic anxiety? Is the health nightmare coming to an end? What happy lives lie ahead? Is this the time for celebration or caution? As the Non State Actors, we have being struggling with these questions for months.
We have published our thoughts and feelings, and our research reviews and thorough reading of both the local and international impacts of this rampaging viral invasion in local newspapers and social media platforms.
More significantly, we have successfully organised workshops about the impact of the pandemic on society and the economy and the last workshop invited a panel of health experts, professionals, and public administers to advance this social dialogue as part of our commitment to the tripartite engagement we enjoy working with Government of Botswana, Civil Society and Development partners. These workshops are virtual and open to all Batswana, foreign diplomatic missions based in Gaborone, UN agencies located in Gaborone and international academic researchers and professional health experts and specialists.
The mark of Covid-19 on our nation is a painful one, a tragedy shared by the entire human race, but still a contextually painful experience. Our response is fraught with grave difficulties; limited resources, limited time, and the urgency to not only save lives but also avert economic ruin and a bleak future for all who survive. Several vaccines are already in the market.
Parts of the world are already doing the best they can to trunk the pestilential march of this disease by rolling out mass-vaccinations campaigns that promise to evict this health menace and nightmare from their public lives. Botswana, like much of Africa, is still up in the disreputable, and, unenviable, preventative social melee of masked interactions, metered distances, contactless commerce.
We remain very much at the mercy of a marauding virus that daily runs amuck with earth shattering implications for the economy and human lives. And the battle against both infections and transmissions is proving to be difficult, in terms of finance, institutional capacities and resource mobilization. How are we prepared as government, and as citizens, to embrace the impending mass-vaccinations? What are the chances of us succeeding at this last-ditch effort to defeat the virus? What are the most pressing obstacles?
Does the work of vaccines spell an end to the pandemic anxieties?
Our panellists addressed the current state of mass-vaccination preparedness at the Botswana national level. What resources are available? What are the financial, institutional and administrative operational challenges (costs and supply chains, delivery, distribution, administering the vaccine on time, surveillance and security of vaccines?) What is being done to overcome them, or what can be done to overcome them? What do public assessments of preparedness tell us at the local community levels? How strong is the political will and direction? How long can we expect the whole exercise to last? At what point should we start seeing tangible results of the mass-vaccination campaign?
They also addressed the challenges of the anticipated emerging Vaccinated Society. How to fight the myths of vaccines and the superstitions about histories of human immunizations? What exactly is being done to grow robust local confidence in the science of vaccinations and the vaccines themselves? More significantly, how to square these campaigns vis-vis personal rights, moral/religious obligations?
What messages are being sent out in these regards and how are Batswana responding? What about issues of justice and equality? Will we get the necessary vaccines to everyone who wants them? What is being done to ensure no deserving person is left behind?
They also addressed issues of health data. To accomplish this mass-vaccination campaign and do everything right we need accurate and complete data. Poor data already makes it very hard to just cope with the disease. What is being done to improve data for the mass-vaccination campaign? How is this data being collected, aggregated and prepared for real life situation/applications throughout Botswana in the coming campaign?
We know in America, for example, general reporting and treatment of health data at the beginning of vaccinations was so poor, so chaotic and so scattered mainstream newspapers like The Atlantic, Washington Post and the New York Times had to step in, working very closely with civil society organizations, to rescue the situation. What data-related issues are still problematic in Botswana?
To be specific, what kind of Covid-19 data is being taken now to ready the whole country for an effective and efficient mass-vaccination program?
Batswana must be made aware that the end part of vaccination will just mark the beginning of a long journey to health recovery and national redemption; that in many ways Covid-19 vaccination is just another step toward the many efforts in abeyance to fight this health pandemic, the road ahead is still long and painful.
For this purpose, and to highlight the significance of this observation we tasked our panellists with the arduous imperative of analysing the impact of mass-vaccination on society and the economy alongside the pressing issues of post-Covid-19 national health surveillance and rehabilitation programs.
Research suggests the aftermath of Covid-19 vaccination is going to be just as difficult and uncertain world as the present reality in many ways, and that caution should prevail over celebration, at least for a long time. The disease itself is projected to linger around for some time after all these mass-vaccination campaigns unless an effort is made to vaccinate everyone to the last reported case, every nation succeeds beyond herd immunity, and cure is found for Covid-19 disease. Many people are going to continue in need of medications, psychological and psychiatric services and therapy.
Is Botswana ready for this long holdout? If not, what path should we take going into the future? The Second concern is , are we going to have a single, trusted national agency charged with the mandate to set standards for our national health data system, now that we know how real bad pandemics can be, and the value of data in quickly responding to them and mitigating impact? Finally, what is being done to curate a short history of this pandemic? A national museum of health and medicine or a Public Health Institute in Botswana is overdue.
If we are to create strong sets of data policies and data quality standards for fighting future health pandemics it is critical that they find ideological and moral foundations in the artistic imagery and photography of the present human experience…context is essential to fighting such diseases, and to be prepared we must learn from every tragic health incident.
Our panellists answered most of these questions with distinguished intellectual clarity. We wish Batswana to join us in our second Mass-vaccination workshop.
Today is International Women’s Day – it’s a moment to think about how much better our news diet could be if inequities were eliminated. In 1995, when the curtains fell in one of the largest meetings that have ever brought women together to discuss women in development, it was noted that women and media remain key to development.
Twenty-six years later, the relevant “Article J” of the Beijing Platform for Action, remains unfulfilled. Its two strategic objectives with regard to Women and Media have not been met. They are Increase the participation and access of women to expression and decision-making in and through the media and new technologies of communication
Promote a balanced and non-stereotyped portrayal of women in the media.
Today, as we mark International Women’s Day, it’s an indictment on both media owners and civil society that women remain on the periphery of news-making. They cannot claim equal space in either the structures of newsrooms or in the content produced, be that as sources of news or as the subjects of reports. Indeed, the latest figures from WAN-IFRA’s Women in News Programme show just one in five voices in news belong to women*, be they as sources, as the author or as the main character of the news report.
Some progress was evident several years back, with stand-out women being named as chief executive officers, editors in chief, managing editors and executive editors. But these gains appear short lived in most media organisations. Excitement has turned to frustration as one-step forward has been replaced with three steps backwards. In Africa, the problem is acute. The decision-making tables of media organisations remain deprived of women and where there are women, they are surrounded by men.
Few women have followed in the footsteps of Esther Kamweru, the first woman managing editor in Kenya, and indeed sub-Saharan Africa. Today’s standout women editors include Pamela Makotsi-Sittoni (Nation Media Group, Kenya), Barbara Kaija (New Vision, Uganda), Mary Mbewe (Daily Nation, Zambia), Margaret Vuchiri (The Monitor, Uganda), Joyce Shebe (Clouds, Tanzania), Tryphinah Dongwana (Weekend Post, Botswana), Joyce Mhaville (Independent Television -ITV, Tanzania) and Tuma Abdallah (Standard Newspapers,Tanzania). But they remain an exception.
The lack of balance between women and men at the table of decision making has a rollback effect on the content that is produced. A table dominated by men typically makes decisions that benefit men.
So today, International Women’s Day is a grim reminder that things are not rosy in the news business. Achieving gender balance in news and in the structure of media organisations remains a challenge. Unmet, it sees more than half of the population in our countries suffer the consequences of bias, discrimination and sexism.
The business of ignoring the other half of the population can no longer be treated as normal. It’s time that media leaders grasp the challenge, not only because it is the right thing to do, but because it also makes a whole lot of business sense: start covering women, give them space and a voice in news-making and propel them to all levels of decision making within your organisation.
We can no longer afford to imagine that it’s only men who make and sell the news and bring in the shillings to fund the media business. Women too are worthy newsmakers. In all of our societies, there are women holding decision making positions and who are now experts in once male-only domains such as engineers, doctors, scientists and researchers.
They can be deliberately picked out to share their perspectives and expertise and bring balance to the profile of experts quoted on our news pages. Media is the prism through which society sees itself and women are an untapped audience. So, as we celebrate International Women’s Day, let us embrace diversity, which yields better news content and business products, and in so doing eliminate sexism. We know that actions and attitudes that discriminate against people based on their gender is bad for business.
As media, the challenge is ours. We need to consciously embrace and reach the commitments made 26 years ago when the Beijing Platform for Action was signed globally. As the news consuming public, you have a role to play too. Hold your news organization to account and make sure they deliver balanced news that reflects the voices of all of society.
Jane Godia is a gender development and media expert who serves as the Africa Director of Women in News programme. WOMEN IN NEWS is WAN-IFRA’s ground-breaking programme to increase women’s leadership and voices in the news. It does so by equipping women journalists and editors with the skills, strategies, and support networks to take on greater leadership positions within their media. www.womeninnews.org
The eve of International Women’s Day presents an opportunity for us to think about gender equality and the long and often frustrating march toward societies that are truly equal.
As media, we are uniquely placed to drive forward this reflection and discussion. But while focusing on the challenges of gender in society, we owe it to our staff and the communities we serve to also take a hard look at the obstacles within our own organisations.
I’m talking specifically about the scourge of sexual harassment. It’s likely to have happened in your newsroom. It has likely happened to a member of your team. It happens to all genders but is disproportionately directed at women. It happens in every industry, regardless of country, culture or context. This is because sexual harassment is driven by power, not sex. Wherever you have imbalances in power, you have individuals who are at risk of sexual harassment, and those who abuse this power.
I’ve been sexually harassed. The many journalists and editors, friends and family members who I have spoken to over the years on this subject have also been harassed. Yet it is still hard for leaders to recognize that this could be happening within their newsrooms and boardrooms. Why does it continue to be such a taboo?
Counting the cost of sexual harassment
Sexual harassment is, simply put, bad for business. It can harm your corporate reputation. It is a drain on the productivity of staff and managers. Maintaining and building trust in your brand is an absolute imperative for media organisations globally. If and when a case gets out of control or is badly handled – this can directly impact your bottom line.
It is for this reason that WAN-IFRA Women in News has put eliminating sexual harassment as a top priority in our work around gender equality in the media sector. This might seem at odds with the current climate where social interactions are fewer and remote work scenarios are in place in many newsrooms and businesses. But one only needs to tune into the news to know that the abuse of power, manifested as verbal, physical or online harassment, is alive and well.
Preliminary results from an ongoing Women in News research study into the issue of sexual harassment polling hundreds of journalists in Sub-Saharan Africa and Southeast Asia indicate that more than 1 in 3 women media professionals have been physically harassed, and just under 50% have been verbally harassed. Just over 15% of men in African newsrooms reported being physically harassed, and slightly less than 1 in 4 reports being verbally harassed. The numbers for male media professionals in Southeast Asia are slightly higher than a quarter on both forms of harassment.
The first step in confronting sexual harassment is to talk about it. We need to strip away the stigma and discomfort around having open conversations about what sexual harassment is and isn’t. Media managers, it is entirely in your power to create dynamics in your own teams that are free from sexual harassment.
Publishers and CEOs, you set the organisational culture in your media company.
By being vocal in recognising that it happens everywhere, and communicating to your employees that you will not tolerate sexual harassment of any kind, you send a powerful message to your teams, and publicly. With these actions, you will help us overcome the legacy of silence around this topic, and in doing so take an important first step to create media environments that truly embrace equality.
Melanie Walker is Executive Director of Media Development of the World Association of News Publishers (WAN-IFRA). She is a creator of Women in News, WAN-IFRA’s ground-breaking programme to increase women’s leadership and voices in the news. It does so by equipping women journalists and editors with the skills, strategies, and support networks to take on greater leadership positions within their media. www.womeninnews.org