Mobile money transactions top P33bn

Friday, February 21, 2025 | 2850 Views |

In the lead: Orange Money has increased its market share PIC: MORERI SEJAKGOMO

The value of mobile money transactions in the country rose to P33.5 billion in the year to March 2024, up more than 26% year-on-year, as telecomm firms boosted their services and linkages with commercial banks.

Mobile money services, currently offered by Orange, Mascom, Botswana Telecommunications Limited, and BotswanaPost, are amongst the fastest growing solutions in the financial sector, witnessing increasing transaction values on an annual basis.

The Botswana Communications Regulatory Authority's (BOCRA) 2024 annual report shows that in the year to March 2024, the pace of growth in the mobile money sector continued the explosive trends seen in previous years.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Selefu

joey kambai | 13 h ago

UNDP opens regional markets for local businesses

Pauline Dikuelo | 1d ago

Ombudsman to assess human rights standards in prisons

Pini Bothoko | 1d ago

Lucara MD urges Botswana to invest in human capability

Pini Bothoko | 1d ago

Gov't must guard against cadre deployment

The Monitor Editor | 1d ago

Gone to the dogs

Thulaganyo Jankey | 1d ago

The People's IPO enters final day

staff writer | 1d ago

Palapye to be special economic zone

Staff Writer | 1d ago

Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

The Monitor Editor | 27 October 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Mobile money transactions top P33bn

The value of mobile money transactions in the country rose to P33.5 billion in the year to March 2024, up more than 26% year-on-year, as telecomm firms boosted their services and linkages with commercial banks.

Explore

More

Selefu

UNDP opens regional markets for local businesses

Ombudsman to assess human rights standards in prisons

Lucara MD urges Botswana to invest in human capability

Gov't must guard against cadre deployment

Gone to the dogs

The People's IPO enters final day

Palapye to be special economic zone

Gov't must guard against cadre deployment