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Market Report (Business)

LEA and Stanbic Bank Botswana recognize top LEA incubators

Pic: Calistas Chijoro, Head of Business Bank Stanbic BotswanaStanbic Bank Botswana joined forces with the Local Enterprise Authority (LEA) in a bid to bolster the development of the nation’s Small Medium Enterprises sector by sponsoring prizes for the LEA Glen Valley Horticulture Incubators as part of the Stanbic Bank Corporate Social Responsibility initiative.

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Barclays Reports Stellar Results

 

-          Profit Before Tax of P494 million

 

-          Impairments increase year-on-year

 

-          Staff costs hurt operating expenses

 

 

The Barclays Bank Botswana delivered excellent results despite severe economic disruptions such as the slowing economic growth and a general slow rebound in commodity prices. The Bank continued to make progress in growing the key business segments in various sectors of the economy.

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SMME’s encouraged to list on BSE to raise capital

Botswana’s SMME’s have been encouraged to list on the Botswana Stock Exchange(BSE), to raise capital to pursue investment opportunities domestically, regionally and internationally thereby contributing to economic growth and employment creation.

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