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Botswana leads SADC mobile money boom

Growing uptake: More Batswana are using mobile money services PIC: MORERI SEJAKGOMO
Growing uptake: More Batswana are using mobile money services PIC: MORERI SEJAKGOMO

Botswana’s surging P30 billion mobile money market has been ranked the largest in the Southern African Development Community (SADC) market, a report by Arkwright Consulting has established.

Arkwright is a global leading strategy and management firm.

The bullish local mobile money market, as of March 2024, had a total of 1.1 million subscribers, placing the country ahead of its regional counterparts and signifying the strong penetration of local mobile money in Botswana.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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