BotswanaPost teeters on the brink

Moleta
Moleta

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.

Editor's Comment
Criminals beware, police are closing in

Smash-and-grab incidents became common at traffic lights, Automatic Teller Machine (ATM) bombings made headlines too often, cash-in-transit robberies terrified security personnel, while home invasions left families traumatised in the very places they were supposed to feel safest. The situation had reached alarming levels and threatened not only the peace of ordinary citizens, but also the country’s reputation as one of the safest and most...

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