Browsing: Mr. Kudakwashe Mukushi

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

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