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A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.

Absa celebrates substantial completion in Separation from Barclays

. Unites as a single brand across  African footprint. . Achieves one of the biggest banking rebrands on the continent to date. Absa Bank Botswana’s parent company, Absa Group Limited announced the substantial completion of critical projects on its Separation journey. Following Barclays PLC’s decision to sell down its controlling stake in Barclays Africa Group Limited in 2016 the bank was permitted to continue using the Barclays brand during the June 2017 to June 2020 transition period. The banking group marked the end of this component of the Separation journey on 5 June 2020 with...

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MOODY’S AFFIRMS THE “A2” SOVEREIGN CREDIT RATING AND CHANGES THE OUTLOOK ON BOTSWANA’S RATING FROM STABLE TO NEGATIVE

Moody’s Investors Service (Moody’s), in the latest out-of-calendar review of the credit ratings, affirmed Botswana’s rating of ‘A2’ for long-term bonds denominated in both domestic and foreign currency, and changed the outlook from stable to negative. According to Moody’s, this update to the recent March 2020 rating, on a date that deviates from the previously published sovereign release...

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