Month: July 2016

Statutory banks’ financial position grows

Botswana’s three statutory banks have grown their financial positions in 2015 according to latest Bank of Botswana (BoB) report. The apex bank’s Banking Supervision Annual Report 2015 notes that total assets for…

Orange completes acquisition of Sierra Leone’s Airtel

  Orange said together with its Senegal-based partner Sonatel, it has completed the acquisition of 100% of the mobile operator Airtel in Sierra Leone. Since the signature of an agreement with Bharti…

Govt to drive financial inclusion through BSB

Batswana have been told that the government’s target is to turn around the fortunes of Botswana Savings Bank (BSB), use the institution to push for financial inclusion and provide banking services in…

Letshego aims to be leading inclusive finance group in Africa

  Botswana domiciled Letshego Holdings Limited says it wants to be a leading inclusive finance group in the continent as it celebrates 18 years since starting operations. The group already operates subsidiaries…

Standard Bank Banking App comes to Botswana

Standard Bank is on a committed journey of rapid digitisation across the continent, offering its customers more convenient ways to interact with their personal banking services. The latest innovation in this digital…

BIHL looking to cement market position

BIHL Group and its subsidiaries, Bifm, Botswana Life and Legal Guard said they are committed towards delivering effective and long-term solutions for clients as a fully-fledged financial services group. This was the…

BIC contributes P50, 000 towards Autism Botswana project

Botswana Insurance Company Limited (BIC) has contributed P50, 000 towards Autism Botswana in support of an integrated pilot project that Autism Botswana and Camphill Community Trust is undertaking for early identification and…

Competition Authority okays Afena Capital citizen takeover

The Botswana competition regulators have given the management of Afena Capital Botswana (Pty) Ltd the go ahead to acquire 51% shareholding in the asset management company from South Africa’s Afena Capital (Pty)…

WFE affiliation to shore-up BSE’s image internationally

Botswana Stock Exchange (BSE) is now an affiliate exchange of World Federation of Exchanges (WFE)—a move that will expose the local bourse internationally. According to BSE, through this affiliation, they will benefit…