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FNBB’s CashPlus transactions hit P7.8bn

FNB CashPlus Registry Book. PIC MORERI SEJAKGOMO
FNB CashPlus Registry Book. PIC MORERI SEJAKGOMO

First National Bank Botswana (FNBB) says its CashPlus platform has reported significant growth as more consumers use innovative solutions to access financial services.

The Botswana Stock Exchange-listed and the country’s largest commercial bank stated it recorded a transactional value of P7.8 billion during the reporting period, up from P5.5 billion in the prior year. The expansion was supported by a growing network of 1,794 CashPlus agents nationwide, it revealed. FNBB stated in the 2025 annual report that CashPlus averaged 393,015 unique monthly users, which is a strong indication of the platform’s expanding reach and adoption. “This level of engagement highlights the strong adoption of our inclusive banking solutions,” the bank said, crediting its broader digital inclusion strategy for the positive momentum.

"Solutions such as CashPlus, eWallet, eWallet Pro, and Pay2Cell continue to reshape how clients access financial services by offering fast, secure, and convenient channels for sending and receiving funds," the bank added. CashPlus, in particular, has been instrumental in extending financial services beyond conventional banking halls. The service allows both its clients and non-clients to withdraw or deposit cash, redeem eWallet funds, purchase electricity and airtime, and settle bills using only an active mobile number and a one-time PIN. “This innovative solution extends our reach beyond traditional banking channels, promoting financial inclusion and enhancing service accessibility,” the bank officials said in the report. Meanwhile, FNBB delivered a strong financial performance for the full year, with profit before tax (PBT) rising six percent to P1.884 billion.

Editor's Comment
Justice delayed is development denied

The P300 million internal roads tender is a case study. A bidder’s complaint revealed alleged irregularities. A tribunal ordered a re-evaluation.The council and the initial winner appealed to the High Court. Now, the Ministry of Local Government and Traditional Affairs, frustrated by the delay, writes to the council suggesting the tender be cancelled, and an alternative procurement model be explored, while the matter is still before the courts....

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