Makwinja quits BTCL for BancABC

BTCL said the retirement of Makwinja is subsequent to a Bank of Botswana  (BoB) directive   barring local banks from electing persons serving in parastatals onto their boards.

Makwinja, who has been the BTCL board chairman since April 1, 2006, sits on the BancABC board. In a telephone interview with Mmegi Business, Makwinja said his decision to retire from BTCL and remain on the BancABC board was factored by the accomplishments that he achieved with the parastatal.