BotsPost creates splash with banking licence move

Should it acquire the licence, BotswanaPost would shake up the industry, as it would be only the country’s second indigenous bank while carrying one of the most powerful and enduring brands in the country.

Postal services have suffered the brunt of technological disruptions, forcing their hand to look beyond their traditional business services. BotswanaPost for one has been having liquidity and cash flow challenges, as traditional revenue drivers have been surpassed by time, necessitating the move towards other plausible cash cows.