BancABC opens branch in Maun

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MAUN: Batawana regent, Kgosi Kealetile Moremi has hailed BancABC for its steady growth, innovative solutions and contribution to community development in Botswana.

At the official opening of BancABC Maun branch recently, Moremi said the bank would enter into partnerships that will benefit the local communities. She said that Maun is set to benefit from BancABC initiatives and plans for the future with the opening of the branch. 

"The opening of this branch will reach beyond the 16 people employed here. It will benefit their families, the community at large and the town of Maun," Moremi said.

Editor's Comment
Time to end informal sector fronting

The Francistown Umbrella Informal Sector chairperson, David Mbulawa, has highlighted this growing concern, revealing that many local traders are using their licences to facilitate the entry of foreign goods into the market at a fee.Fronting undermines the very fabric of our local economy. It allows foreign traders to exploit the system designed to benefit Batswana, using local licences to cross borders and sell goods at prices intended for local...

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