Mmegi

BBS confident of scaling greater heights

Seeing opportunity: Tafa believes BBS is primed for growth PIC: PHATSIMO KAPENG
Seeing opportunity: Tafa believes BBS is primed for growth PIC: PHATSIMO KAPENG

Three years ago, BBS became the country’s first indigenous commercial bank, entering a cut-throat market dominated by South African giants. Speaking to MBONGENI MGUNI, MD Pedzani Tafa says Batswana play an essential role in building their own giant

Pedzani Tafa is not looking for blind patriotism. She explains that BBS Bank is a fully-fledged commercial bank with a suite of products and services that serve customers’ domestic and foreign needs.

Three years into the initial five-year strategic plan that has guided the bank since it began commercial banking operations in 2022, Tafa says there is value in building an entity whose returns directly contribute to growth within the economy.

Editor's Comment
Borrowers need room to breathe

“Every time you borrow money, you are robbing from your future self”-Nathan.W.MorrisBank of Botswana’s latest supervision report shows loans placed on a watch list for potential repayment problems rising to P5.5 billion. These loans have not necessarily defaulted, which means there is still an opportunity to address the weaknesses. Meanwhile, loans already in arrears have reached P5.2 billion. For households, this pressure can mean...

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