Business

BBS reports P14m loss after giving over 500 mortgage customers...

BBSL recorded a loss of P14.652 million compared to a loss of P35.761 million for the year ended 31 December 2019

Stanchart’s Corporate, Commercial and Institution segment...

The segment emerged from a marginal loss in the prior year to record a PBT of P57 million.

Cresta at the crest of liquidity uncertainty as it nets...

Material uncertainties regarding the recovery of the occupancy levels and the resultant impact on liquidity, as well as the successful...

Government approves EIS of Tlou’s Boomslang Project

EIS approval for exploration of the Boomslang permit (Tlou 100 percent) represents another key milestone for the Company.

G4S relies of integrated security solutions to drive revenue

The deployment of integrated security solutions is expected to yield improved margins compared to traditional security offerings and...

Stanchart PBT returns to 2016 levels

Significantly, all segments contributed to the collective gains of the business which enabled a 47 percent increase in Profit before...

STANBIC BOUYANT IN CORPORATE BANKING

At Stanbic Bank, Sheperd Aisam, Head of Corporate and Investment Banking says the bank has been able to acquire new corporate clients...

HOW PENSIONERS WERE FLEECED P90M

At its Initial Public Offering (IPO) in 2015, Afinitas Limited sold 91.2 million shares to a cluster investors including fund management...

Stanbic gives away the Creative Business Cup

Sebusamathe Mokgwe of Sweet Sensations walked away as the Botswana champion

Letlole says litigation against former CEO was settled...

Company says it would be uneconomical to pursue litigation for the Company

Engen sees P33mn profit decline

The decline is mainly attributable to the effects of the Covid-19 lockdowns which reduced business activity nationally and the significant...

Letlole expects half a million rental income from new lease...

Letlole will lease to Western a portion of Lot 22047 for the purposes of undertaking a development. Western shall, in turn, undertake...

STANBIC BAGS 'BEST FOREX BANK' AWARD

The Global Banking & Finance Awards reflect the innovation, achievement, strategy, progressive and inspirational changes taking place...

Letshego: Where can growth come from?

Analysts point to Botswana’s widespread financial exclusion as an attractive growth opportunity for Letshego.