Author: Staff Writer
What Can Investors Expect from Letshego’s New CEO?: Numbers That Built Her Reputation
When Ms. Reinette van der Merwe walked into Letshego Africa Holdings Limited’s (LAHL) corner office, she brought with her more than two decades of banking experience — and a paper trail…
Imara Capital Securities, a stockbroker, said First National Bank Botswana’s (FNBB) share price could climb to P6.53, nearly 20% above its current price of P5.45. On that basis, the firm recommends…
Against the backdrop of Botswana’s slow-growing economy, Absa Bank Botswana said it is keeping a tight grip on its revenue. Revenue in a Squeeze Even as costs rise—both the expense of attracting customer deposits and operating expenses—Absa’s total income nudged up a fraction, 0.3%, in the first half of 2025. Total income: P1.125
In the first half of 2025, Absa Bank Botswana’s core engine—retail and business banking— proved it can attract more customers and diversify income for shareholders. But higher costs and rising bad loans owing to challenges in the economy meant that less of that growth is flowing through to profit after tax. The bank’s total profit after tax fell
Absa Bank Botswana has paid more to attract deposits, squeezing shareholders’ final profits. The bank is aggressively turning to new funding tools and fresh income streams to shield investor returns. Banks work a lot like shops. Instead of selling food or clothes, their “stock” is money. They “buy” it from depositors by paying interest, and then “sell” it
When Absa Bank Botswana’s Managing Director announced that the bank would not pay a dividend for the first half of the year, some investors were caught off guard. While profits were down by more than a quarter during the first half of the year, from P428.6 million to 319.6 million, investors had braced for at least a smaller
More than 80% of shareholders at Botswana Telecommunications Limited’s (BTCL) Annual General Meeting on 23 September 2025 voted against proposed retainer pay for the company’s directors…
The broker’s research shows that the company also pays good dividends—about 4.6%—which is almost double what peer companies in the region are paying.
Letlole La Rona (LLR) says it will pull out of its investment in Orbit Africa Logistics in Nairobi after the deal failed to bring in positive…
Investors welcomed First National Bank Botswana’s (FNBB) stable earnings, which came mainly from other services (non-interest income) rather than interest on loans (interest income), as lending slowed under the current economic challenges. But even these income sources are under strain, as the slower economy may mean less money moving around,
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