The Bank of Botswana (Bank) wishes to inform the public that in line with licensing powers enshrined in Section 30(1) of the Bank of Botswana Act (Cap. 55:01) and Bank of Botswana (Bureaux de Change) Regulations, it has revoked, with immediate effect, the licence issued to Ozi Bureau de Change to transact foreign exchange business, following the cessation of operations and surrender of the licence. Accordingly, the public is advised not to transact foreign exchange business with any person purporting to trade in the name of Ozi Bureau de Change. Members of the public are also reminded that it is a criminal offence under Section 30(4) of the Bank of Botswana Act (Cap. 55:01) to conduct the business of buying and selling foreign currency without a valid licence issued by the Bank.
Source: Bank of Botswana