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Botswana advances drive to digitise government payments

Bank of Botswana. PIC PHATSIMO KAPENG
Bank of Botswana. PIC PHATSIMO KAPENG

Botswana’s long-running efforts to digitise government revenue collection are gathering pace, with the Bank of Botswana (BOB) confirming steady progress on its “Digital BoB2024” initiative.

The digitalisation project, which has been in the pipeline for several years, is earmarked to launch soon with the official target having been set for the second quarter of 2025. The move comes as government seeks to curb revenue leakages and delays associated with the current manual system, where various agencies collect payments on behalf of the state and later remit funds.

Under the new system, revenue will flow directly into government accounts through digital platforms, cutting out intermediaries and minimising the risks of delayed remittances.

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