Absa’s custody services to provide secure assets admin
staff writer | Wednesday May 6, 2026 06:00
Officials revealed that the custody offering provides secure, efficient and fully compliant solutions for the safekeeping and administration of assets, enabling investors to participate confidently in local and cross‑border investment activity. It also aims to address the evolving needs of pension funds, asset managers, insurers, fund managers, trustees, savings and credit cooperatives (SACCOs) and other institutional investors. Absa Bank Botswana Managing Director, Keabetswe Pheko‑Moshagane, explained that the introduction of custody services comes at a time when market participants are placing greater emphasis on robustness, transparency and operational resilience. “Today marks an important milestone for Absa Bank Botswana as we launch our custody services,” she said at the launch. “As Botswana’s capital markets continue to mature, institutional investors are looking for solutions that meet global standards while remaining anchored in local market realities.
“Our custody services are designed to enable clients to safeguard assets, meet regulatory requirements and operate with confidence as they allocate capital for long‑term growth.” Botswana’s capital markets have experienced steady development in recent years, supported by regulatory reforms, increased institutional participation and growing demand for diversified investment products. As investment activity becomes more sophisticated, demand has increased for market infrastructure that supports secure settlement, transparent reporting and effective risk management.
Absa’s custody services include asset safekeeping, settlement of local and cross‑border transactions, corporate actions processing, portfolio reconciliations, regulatory support and comprehensive reporting, providing clients with an end‑to‑end solution across the investment lifecycle. The launch in Botswana forms part of Absa Group’s broader pan‑African custody strategy, building on established custody operations in markets including South Africa, Kenya, Uganda and Mauritius. Absa Investor Services continues to grow as an innovative custody business across Africa, supporting clients operating across multiple jurisdictions.
Absa Regional Executive for Southern Africa, Yasmin Masithela, highlighted the strength of the Group’s regional footprint and international connectivity. “One of Absa’s key strengths is our ability to leverage skills, expertise and capability across the Group, connecting clients to capital markets across Africa and internationally, including the US, UK and China, with additional corridors continuing to develop,” she said. To support the custody platform, Absa has invested in technology infrastructure that enables secure digital integration, strong data protection and improved portfolio visibility for clients. The launch of custody services aligns with Absa’s broader objective of supporting the development of Botswana’s capital markets by strengthening investment infrastructure and enabling long‑term capital formation. Absa Bank Botswana remains committed to playing a market‑shaping role in the country’s financial ecosystem.