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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. |Source: Hotwire
Finance News (Print)

Finance News 28 June 2020

Summaries of today's leading financial news

By Tanlume Enyatseng

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A different Botswana after Covid-19 - The Covid-19 pandemic arrived at a time when the Botswana economy was already facing major economic challenges and hence the need for deep structural reforms. (Sunday Standard)

BIHL ready to absorb Covid-19 shocks - Blue Chip local insurance company, Botswana Insurance Holdings Limited (BIHL) has managed to escape the ramifications of the subdued economic activity that was rampant in the year 2019. (The Patriot)

BancABC virtual AGM - Due to the current status of the COVID19 pandemic, and related governmental orders recommending extreme social distancing, BancABC shall proceed to host a virtual annual general meeting as provided in our published AGM Notice and Agenda. (The Patriot)

BBS sees 3% growth in loans - The Botswana Building Society Limited (BBSL) has recorded an increase in the total savings and deposits income stream for the 9 months period under review that ended December 31 2018. (The Patriot)

Experts weigh in on recovery plan - The Draft Economic Recovery and Transformation Plan that was unveiled this week requires robust intervention plans and clear targets for it to succeed, say experts. (The Patriot)

BancABC appoints Sebabi to board - The board of BancABC wishes to announce the appointment of Bosco John Sebabi as an Independent Non-Executive Director of the bank (The Patriot)

Botswana Life among Most Admired Financial Services Brands - Botswana Life Insurance Limited (Botswana Life) has been listed as the Fourth Most Admired Financial Services Brand in Botswana by Brand Africa 100. (The Patriot)

BIHL Trust launches MogwebiQuest App - The Botswana Insurance Holdings Limited (BIHL) Group remains invested in combating youth and graduate unemployment through the support and empowerment of youth and youth owned businesses. (The Patriot)

Africa’s long-term growth prospects remain intact - The World Bank expects the global economy to contract by 5.2% in 2020 - the worst recession in decades despite the extraordinary interventions by authorities to mitigate the impact of national lockdowns. (The Patriot)

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