Browsing: Absa Bank Botswana
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
As prices rose slowly and household budgets felt the pressure, many Batswana were looking for ways to stretch every pula. Some turned to the Botswana Stock Exchange (BSE).
Most people spend money on big companies every day. But only a few people actually own part of them. The difference is knowing how your money…
The sustainability financing market in Botswana is gaining momentum, with two more banks expected to enter the market to raise sustainable finance, incentivised by listing discounts…
Botswana, long dependent on the fluctuating fortunes of diamond exports, is at a crossroads as global consumer preferences pivot towards metals like gold and emerging alternatives…
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