BoB to stop all retail services

In a move that will affect civil servants and suppliers of goods and services to government, the retail services that have been offered by the Bank of Botswana (BoB) are to be discontinued, bringing to a stop the encashment of cheques at its banking halls.

The impending changes will compel members of the public to open bank accounts with commercial banks.

Government currently makes its payments by cheque that payees can either deposit into their bank accounts or cash over the counter at the Bank of Botswana. The latter has been preferred by most payees eager to avoid having to wait for at least three days for the cheque to be cleared.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

Have a Story? Send Us a tip
arrow up