Daily Finance News Highlights are a www.hotwireprc.com service to our top clients, with daily alerts on what is making Botswana's finance news.
Daily Finance News Highlights are a www.hotwireprc.com service to our top clients, with daily alerts on what is making Botswana's finance news. |Hotwire
Finance News (Print)

Finance News 23 June 2020

Summaries of today's leading financial news

By Lorraine Dudu Kinnear

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Stanbic Bank, GPH resumes operations after Covid-19 scare - Following the temporary closure of the Stanbic Bank Botswana Head Office and Fairgrounds Branch by the Ministry of Health and Wellness, the Bank has confirmed that it has resumed operations from the building (including the branch) effective from 17 and 18 June 2020 respectively. (The Telegraph)

Life Gaborone Private Hospital (GPH) Management wishes to inform its clients and general public that the hospital is now open - The Propco business is 100% citizen owned through a partnership between Debswana Pension Fund, BIFM and Clinic Holdings. The Opco is 49% locally owned by Debswana Pension Fund, BIFM, Clinic Hold- ings and a Doctors invest- ment company. Life Health- care (SA) has a 51% stake in the Opco business. (The Telegraph)

BBS warns of loses as it transitions - Leading local mortgage lender Botswana Building Society Limited (BBSL), which is planning to morph into a commercial bank, has finally reported part of its late financials, reflecting losses which are expected to roll over in the coming years.. (The Telegraph)

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