Circular: Industry Consultations on NBFIRA’s Comprehensive Review of The Supervisory and Licensing Fees Framework

CIRCULAR

TO: All Non-Bank Financial Institutions

FROM: Non-Bank Financial Institutions Regulatory Authority (NBFIRA) 

DATE: August 12,2026

SUBJECT: INDUSTRY CONSULTATIONS ON NBFIRA’S COMPREHENSIVE REVIEW OF     THE SUPERVISORY AND LICENSING FEES FRAMEWORK

1. The subject matter refers.

2. The Regulatory Authority wishes to inform all Non-Bank Financial Institutions (NBFIs) of its intention to undertake the comprehensive review of the current supervisory levy and fees structures/model across ALL sectors under its purview.

3. The Authority has taken heed of industry feedback regarding the need for this exercise to be carried out, especially as no comprehensive review has been undertaken since the introduction of the supervisory levies and other fees.

4. The Authority appreciates the feedback provided by the NBFI sector over the years regarding supervisory levies and licensing fees. As we commence this exercise, the Authority calls for comments for any additional feedback, any new insights and contributions from all industry participants regarding the Supervisory Levies and Licensing Fees model for consideration as it embarks on this journey.

5. The Authority values your contributions and expertise in this process. We look forward to collaborating with the industry to create a transparent and equitable model that aligns with modern industry standards and stakeholders’ expectations, while supporting the industry’s future growth.

6. Please also be informed that the Authority will make consultations with the industry in due course and this will accordingly be communicated.

Enquiries: All comments and enquiries are to be submitted electronically through budgetcomments@nbfira.org.bw or by post to Private Bag 00314, Gaborone not later than September 15,2026