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BotswanaPost maintains banking licence ambitions

Friday, April 10, 2026 | 20 Views |

Making moves: The traditional post office is eyeing an operational revamp

BotswanaPost has confirmed that it has not yet submitted a formal banking license application, nearly two years after widespread market speculation suggested it was poised to become the banking sector’s second indigenous player.

The development comes at a time when the Bank of Botswana has eased licensing requirements for commercial banks and deposit-taking institutions, a move widely seen as an effort to encourage new entrants into the financial services industry.

Despite this regulatory shift, BotswanaPost says its focus remains on strengthening internal systems and engaging key stakeholders before making a formal application.

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