Absa Botswana unfazed despite profit drop
Friday, September 19, 2025 | 360 Views |
Seeing positivity: Pheko-Moshagane PIC: KENNEDY RAMOKONE
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.
It is a warning flare to every Motswana who logs onto social media. As a country, we have reached a point where the line between robust debate and outright destruction has become dangerously blurred. At face value, Mabeo’s response, which seeks an apology and threat of a defamation suit, might seem severe to some. But we cannot ignore the context. The comment in question did not offer a policy critique or question a political decision.It...