A case for co-operation between banks and BotswanaPost

A recent book on banking in Botswana identifies post offices as a potential tool for increasing the banking footprint throughout the country.

"Enhancing Access To Banking and Financial Services" is written by Keith Jefferis. In it, the former Deputy Governor of the Bank of Botswana (BoB) says the relationship between the Botswana Savings Bank (BSB) and BotswanaPost offers great potential to spread banking services more widely.

"Whereas bank branches cover only 45 percent of the population, the existing network of post offices covers a significantly higher proportion of the population (65 percent) than the bank branches and therefore potentially provides a way of improving access to the rural and unbanked population," the book says.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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