SA to Botswana money transfers among Africa's most expensive

A World Bank study released this week suggests that the estimated US$58 million Batswana living outside the country sent home last year, could have been higher were it not for the constrictive pricing of money transfers. South Africa accounts for the lion's share of Batswana living outside the country.

The World Bank's study of money transfer pricing in Africa indicates that sending money from South Africa to Botswana costs an average of 22.7 percent of the amount sent.