BotswanaPost steps up diversification drive

For years, the postal utility has fought to move away from the traditional mail service, which has been overtaken by technology. The transition has, however, involved costs associated with introducing new tech products and services, while the deals with new partners have also involved new financial arrangements.

The Auditor General’s report issued this week shows that BotswanaPost recorded a comprehensive loss of P44.8 million in the year to March 2020, up from a loss of P948,354 in the previous year.