BBS focuses on recovery after tough 2025
Friday, April 10, 2026 | 280 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.
“In any moment of decision, the best thing you can do is the right thing.”– Theodore RooseveltThrough the two-day event, over 700 athletes from 40 countries, and multitudes of spectators gathered in Gaborone to witness a world-class sporting spectacle.Beyond the medals and performances on the track, Botswana won something equally important: international respect. One of the key pillars behind the success was the sterling work done by the...