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Finance
14 posts
Letshego profits soar past P1.1 billion
Pan African micro finance and banking group Letshego Holdings Limited has cashed big on the economic recovery…
Moatlhodi Sebabole.Thank you for your service to our country Jarge!
Botswana is still reeling in shock at the untimely passing of one of the most productive professionals of…
Absa half year profits up 125 % to P290 million,Board declares P83 million dividend
This week Absa Bank Botswana released their condensed consolidated interim financial statements for the period ended 30 June…
Banc ABC poised for growth amid tough operating environment.
Non-interest revenue increased from P42m in the previous period to P75m in the current period Retail Banking deposits…
Botswana secures P1.5 billion loan from African Development Bank
The Board of Directors of the African Development Bank Group has approved a $137 million loan to support…
Marginally lower profits for FNB this year
First National Bank Botswana, the country ‘s largest commercial bank registered a slight drop in profits after tax…
Letshego half year profits up 23% to P544 million.
Despite the challenging economic environment, Letshego achieved double digit growth for the period, with profit before tax up…
Half of Botswana ‘s national budget goes to public employees salaries
Government spending P2.3 billion on salaries every month Around P27 billion annually. Botswana Wage bill is too big-…
Botswana allocated P3 billion worth of SDR by IMF
Botswana will receive $266 million from the International Monetary Fund (IMF) Special Drawing Rights (SDR) allocation. The Washington…
MPs caution against wasteful expenditure as P2.7 billion IBRD loan pass
On Thursday Parliament unanimously passed Minister Serame ‘s International Bank for Reconstruction and Development (IBRD) borrowing motion giving…