Pelaelo implores Stanbic to list on BSE

Pelaelo (right) with Standard Bank Group CEO , Sim Tshabalala at Stanbic's 25th anniversary celebrations
Pelaelo (right) with Standard Bank Group CEO , Sim Tshabalala at Stanbic's 25th anniversary celebrations

Bank of Botswana governor, Moses Pelaelo has advised Stanbic Bank Botswana to consider listing on the Botswana Stock Exchange (BSE) as a way of showing commitment to the country and giving Batswana a chance to own shares in the bank.

Speaking at the bank’s 25th anniversary celebrations held recently, Pelaelo applauded Stanbic for the role it played in the development of the local banking industry and thus contributing to the economy, but said ‘there was one   missing part of this good story’.

“Unlike its peers, Stanbic is not listed on the Botswana Stock Exchange. The non-existence of the bank on the domestic bourse could be misinterpreted to mean lack of long-term commitment and willingness to have the Botswana public participate in the ownership of the bank.

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...

Have a Story? Send Us a tip
arrow up