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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.

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Editor's Comment
Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

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