Modest decline in big banks� dominance

Mohohlo
Mohohlo

Little progress has been achieved in reversing the oligopolistic nature of Botswana’s banking sector despite the entrance of seven new banks in the industry since 2005.

There are 13 licenced commercial banks in the country, up from just six entities nine years ago.

As at the end of 2013, the big four banks kept a tight leash on their dominance holding over 80 percent of the industry’s assets, deposits, loans and advances.

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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