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Absa Botswana unfazed despite profit drop

Friday, September 19, 2025 | 360 Views |

Seeing positivity: Pheko-Moshagane PIC: KENNEDY RAMOKONE

Absa Bank Botswana sees “early signs of recovery” after reporting a 27% decline in profit before tax for the first half of the year, a performance linked to a challenging operating environment.

The country’s second-largest bank posted pretax earnings of P412 million for the half-year to June 30, 2025.

Absa Bank executives attributed this slowdown in profitability to a challenging operating environment defined by elevated credit impairment costs and significant pressure on revenue growth, particularly within the business and corporate banking segments.

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Absa Botswana unfazed despite profit drop

Absa Bank Botswana sees “early signs of recovery” after reporting a 27% decline in profit before tax for the first half of the year, a performance linked to a challenging operating environment.

Gov't moves to close tax gaps

Chief judge promises fairness at tomorrow's Miss Botswana finale

High pressure mounts on fuel prices

We respect AFCON final decision – Babitseng

Court blow rocks BPF leadership

BPF moves to rebuild unity-Lucas

‘Reatile, Ookeditse deal was gentleman’s agreement’

Branch fires early warning shot as Portugal fuels title push

A promising step for public schools, but...