Bitcoin gains traction in Botswana

Dr Ariisa
Dr Ariisa

Bitcoin, which is described as a cryptocurrency and a digital payment system, is gradually gaining traction in Botswana.

A private clinic, Sharada Clinic, is one of the few that receive Bitcoin as a form of payment. Run by Dr Donald Ariisa, the clinic is the only health facility in the whole country that accepts Bitcoin.

Ariisa told BusinessWeek that he was inspired to accept Bitcoin as a payment by the fact that his clinic is focused on adopting technologies that allow for sustainability in offering accessible services.

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

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