News

Standard Bank ranked as Africa’s most valuable banking brand

Standard Bank has emerged as the most valuable banking brand on the African continent for 2022 in Brand Finance’s annual ranking of the world’s Top 500 Banking Brands, after increasing its brand…

Modise named new Stanbic Chief Executive

Stanbic Bank Botswana says Chose Modise has been appointed to the role of Chief Executive of the Bank, effective 01 January 2022. According to the Bank, all regulatory approvals have been obtained…

New society to promote high standards in asset management industry

Botswana Investment Professionals Society (BIPS), a non- profit society registered with the Botswana Registrar of Societies which is made up of local investment management firms, was successfully launched. Speaking at the launch…

Access Bank Botswana granted banking licence

Access Bank Botswana Limited, which was formerly African Banking Corporation of Botswana Limited [T/A BancABC]), said all the regulatory formalities for the change of name have been completed. In a Botswana Stock…

Thapelo Tsheole

Tsheole re-elected as ASEA vice president

The Botswana Stock Exchange (BSE) has said its chief executive officer, Thapelo Tsheole, has been re-elected as the Vice President of the African Securities Exchanges Association (ASEA). The BSE added Dr. Edoh…

Trading in cryptocurrency not regulated in Botswana – BoB

The Bank of Botswana has been following and monitoring developments on the increasing trade in crypto assets, notably Bitcoin, globally and here in Botswana, including participation by residents and other domestic entities…

BBSL moves towards becoming first indigenous commercial bank

BBS Limited (BBSL) has moved a step towards becoming the first indigenous commercial after the regulator granted the financial institution a provisional commercial banking licence. In a statement, BBSL told its Shareholders,…

Bank of Botswana to issue second emission of P50 banknote

The Bank of Botswana will, from November 15, 2021, following a stock replenishment exercise, issue into circulation a second emission of the P50 banknote bearing the signatures of the former Minister of…

Rail Park Mall turns 10 

Grandly sitting in the heart of the capital city, Gaborone, Rail Park Mall is 10 years old, and the country’s most-visited retail and lifestyle destination is marking the milestone with a month-long…

Tlou Energy, BPC sign 10MW power purchase agreement

Tlou Energy Limited and the Botswana Power Corporation (BPC) have signed a 10MW Power Purchase Agreement (PPA). Under the terms of the PPA, BPC will purchase up to 10MW of power generated…