BotswanaPost teeters on the brink

Friday, May 23, 2014

If the government does not capitalise the BotswanaPost, the parastatal will not be able to operate as a going concern.

According to BotswanaPost chief executive, Pele Moleta there were many factors that impede development and self-reliance.

He told a media briefing this week that the organisation’s revenue growth for the year ended March 2013 was negatively affected by the delays in the decisions to revise tariffs and to grant it the authority to borrow in the open market.

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BotswanaPost teeters on the brink

If the government does not capitalise the BotswanaPost, the parastatal will not be able to operate as a going concern.