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.
