PEEPA weighs BSB, BotswanaPost merger

Tuesday, June 13, 2017

Under microscope: PEEPA is yet to come up with a suitable merger model for the two parastatals

The Botswana Savings Bank (BSB) and BotswanaPost are seeking the appropriate model for combining the two companies but have not decided on any plan.

According to the Public Enterprises Evaluation and Privatisation Agency (PEEPA) corporate communications manager, Mosikare Mogegeh developments have been made in the merger of the two parastatals as currently business models are being interrogated for suitability and viability of the future operational course.

He said the study has proposed several models to be used after merging the two entities. “Currently a detailed assessment of the models is being undertaken so as to determine the future operational course of the merged entity and we expect the whole process to be complete in August 2017,” he said.

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