BBS focuses on recovery after tough 2025
Friday, April 10, 2026 | 300 Views |
Optimistic: Tafa PIC PHATSIMO KAPENG
BBS, the country’s only indigenous bank, has swung between periods of losses and profits in the three years since it kicked off commercial banking operations, a period executives describe as formative, transformational and associated with set-up costs.
From pretax profits of P44.9 million in 2024, BBS sank to losses of P133.7 million in the year ended December 2025, weighed down by broader market liquidity pressures that saw interest rates spiral in the country, amidst a scramble amongst banks for deposits.
As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...