BotswanaPost had `a flat year`

source: Mmegi
Staff Writer

BotswanaPost had to put major capital developments that would have stimulated revenue growth on ice due to unavailability of funds, the parastatal’s 2008 Annual Report has revealed.

The report, which was released this week, says BotswanaPost needs funds to develop its IT systems and mail processing at sorting centres, to build more infrastructure and to replace its mail delivery fleet and other major initiatives it has targeted in Pinagare, its 2011 corporate strategy.

The parastatal’s Board Chairman, Martin Makgatle, says inability to respond swiftly to changes in the market largely because of manual business processes and growing competition from players participating in an unregulated market added to [continue reading]

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