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
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...

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