BotsPost records P254m in revenue amidst challenges

The postal parastatal’s main income lines are mail/postal, courier services, warehousing and agency, the latter being the biggest contributor which involves service agreements for use of BotswanaPost’s vast network.

BotswanaPost suffered pre-tax losses of P83.4 million for the 2023–2024 financial year, up from losses of P21.5 million due mainly to higher credit loss allowances. The allowances are related to trade receivables which are the amounts the parastatal is owed and expects to receive from its customers and service partners.