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Stanbic expects 20% jump in PBT

patriot by patriot
March 25, 2024
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… an increase of between P59m and P118m

Stanbic Bank Botswana Limited profit before tax for the year ended 31 December 2023 is expected to be between 10% and 20% higher than that reported for the comparative period ended 31 December 2022. This translates to an increase of between P59 million and P118 million. The profit before tax for the year ended 31 December 2022 was P594 million. Full details of this performance will be included in the Bank’s audited financial statements for the year ended 31 December 2023 which will be published by 31 March 2024. Holders of Debt Securities are advised to exercise caution when dealing in the company’s Debt Securities until a full announcement is made.

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  • Mr President, direct appointment is not a panacea for corruptionJune 2, 2025
    Botswana is in the storm of procurement corruption that has been left unattended for the longest time. Yet it appears it is difficult if not impossible to craft long-lasting solutions to as far as possible, cure procurement corruption because… Read more: Mr President, direct appointment is not a panacea for corruption
  • ‘Raise capital through BSE’June 2, 2025
    • BSE CEO implores CEEP beneficiaries • BSE, Debswana, Stanbic partner to unlock growth BAKANG TIRO editors@thepatriot.co.bw Beneficiaries of Debswana Diamond Company Citizen Economic Empowerment Programme (CEEP)have been encouraged to raise capital in the Botswana Stock Exchange (BSE). This… Read more: ‘Raise capital through BSE’
  • ‘Give us our land back’- SaleshandoJune 2, 2025
    Demands return of 22 000 ha in Okavango Delta to Ngamiland residents Accuses Masisi govt of land grabbing, calls for restoration of tribal Land SOLOMON TJINYEKA editors@thepatriot.co.bw RelatedPosts ‘Raise capital through BSE’ ‘Give us our land back’- Saleshando Mining… Read more: ‘Give us our land back’- Saleshando
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    Mining shows zero confidence on better business conditions Weaker global demand of rough diamonds trouble the sector Other sectors optimistic about improved conditions in 2025   BAKANG TIRO RelatedPosts ‘Raise capital through BSE’ ‘Give us our land back’- Saleshando… Read more: Mining sector endures worst recession
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