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BSB Expands towards financial inclusion

BSB Expands towards financial inclusion
weekendpost.co.bw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from weekendpost.co.bw Daily Mail and Mail on Sunday newspapers.

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Postman seeks cash bail-out from Gov't | Sunday Standard

4th June 2021
The gap between BotswanaPostâs revenue and expenditure continues to widen, thanks largely to the amalgamation with its sister company – Botswana Couriers and Logistics some three years ago.
The two turned into a single entity after the sole shareholder â Botswana government issued out an instruction for the two entities to amalgamate following the cancelation of a proposed merger between BotswanaPost and another State Owned Entity â Botswana Savings Bank (BSB).
Last week, the companyâs executives came out very clear that going to bed with an insolvent Botswana Couriers in 2018 has resulted in a weakened balance sheet.
As a result, BotswanaPostâs Chief executive officer – Cornelius Ramatlhakwane last week called on for a recapitalization of the company which he said is necessary to strengthen its balance sheet. ....

Cornelius Ramatlhakwane , Parliamentary Committee On Transport Works , Postal Union Convention , Botswana Savings Bank , Service Obligation , Botswana Couriers , State Owned Entity , Parliamentary Committee , Transport Works , Universal Postal Union Convention , Universal Service Obligation , Botswana Post , Daily News , போட்ஸ்வானா சேமிப்பு வங்கி , போட்ஸ்வானா கூரியர்கள் , நிலை ஓஂட் நிறுவனம் , பாராளுமன்றம் குழு , போக்குவரத்து வேலை செய்கிறது , போட்ஸ்வானா போஸ்ட் , தினசரி செய்தி ,

BSB to disburse Social Benefits | The Patriot On Sunday

The Ministry of Local Government and Rural Development has recently appointed Botswana Savings Bank to disburse social benefits for people with disability, destitute, old Age Pensioners, World War II and Veterans. Through this programme, the BSB customers will each be issued with a Visa debit card to enable them to access and withdraw their cash at their convenience, through their transactional based account. In addition, this facility will create a lot of convenience and security for the clients with no charge on maintenance fee. The use of the Visa debit cards allows the beneficiaries the flexibility and access to their cash at any BSB ATM or any Visa compliant ATM country-wide. This strategic partnership is a commendable milestone for both institutions as it further reinforces their financial inclusion mandate and outreach strategy aimed at providing consumers with simple and easy access to financial education. It has advanced BSB in achieving its financial inclusion mandate as ....

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Banker alleged to have defrauded BSB of P2.5 million

24th January 2021
Botswana Savings Bank (BSB)led by Nixon Marumola has kick-started the year with a potential reputational risk after an employee in the Finance Department intercepted internal processes and stole over P2.5 million.
The millions were traced to the employee’s bank account but the banker reportedly failed to account for the money. The alleged thief did not qualify for a loan facility to the equivalent of the amount stolen.
The significant amount of money involved in the fraud matter also suggests that there may have been negligence and internal collusion.
Information reaching this publication is that the alleged employee may have not acted alone but is linked to a non-bank employee in the fraud case. ....

Bomolemo Selaledi , Nixon Marumola , Botswana Savings Bank , Corporate Affairs , Finance Department , Serious Crime , போட்ஸ்வானா சேமிப்பு வங்கி , பெருநிறுவன வாழ்க்கைத்தொழில்கள் , நிதி துறை , தீவிரமானது குற்றம் ,