BancABC backs Atlas Mara to maiden profit

Mudavanhu
Mudavanhu

Botswana domiciled, BancABC has abetted parent company, Atlas Mara to record its maiden profit since it was set up two years ago.

The London Stock Exchange-listed, Atlas Mara made a profit of $4.1m (P41 million) in the first half of the year compared to a $63.1 million (P631 million) loss in the same period last year.

Former head of Barclays, Bob Diamond and Ugandan entrepreneur Ashish Thakkar co-founded the company in 2013, aiming to build it into a leading bank in sub-Saharan Africa.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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