Air Botswana’s missing millions
Tuesday, May 12, 2026 | 950 Views |
Appearing before a Parliamentary Committee this week, Mosinyi said Air Botswana has been a cash-losing machine. PIC: MORERI SEJAKGOMO
At Monday’s Parliamentary Committee on Statutory Bodies and State-Owned Enterprises, where Air Botswana was the first to appear, it was revealed that for the financial years between December 2021 and December 2025, the airline was supported by the government with over half a billion pula, whilst also receiving additional bailouts from the state and loans that were never used for their intended purpose.
“Peak revenue was P330 million at the end of 2024, whilst the highest net loss stood at P230 million. “This organisation has been a cash-losing machine each of these years,” Air Botswana General Manager, Bao Mosinyi, said.
Smash-and-grab incidents became common at traffic lights, Automatic Teller Machine (ATM) bombings made headlines too often, cash-in-transit robberies terrified security personnel, while home invasions left families traumatised in the very places they were supposed to feel safest. The situation had reached alarming levels and threatened not only the peace of ordinary citizens, but also the country’s reputation as one of the safest and most...