Mobile money users grow by 10%

Mobile money services in Botswana include Smega by BTC, Orange Money by Orange Botswana, MyZaka by Mascom, and Poso Money by BotswanaPost. Figures shared by Statistics Botswana this week indicate that by December, the country had 1.8 million mobile money subscriptions, up from 1.65 million in December 2022.

While Statistics Botswana did not give further details on the subscription shares between the different market players, by March last year, a Botswana Communications Regulatory Authority report indicated that Orange was ahead of the pack, enjoying about 53% market share.