Barclays Botswana completes transformation to Absa

Unveiling of Absa Bank Botswana Head Office. PIC. PHATSIMO KAPENG
Unveiling of Absa Bank Botswana Head Office. PIC. PHATSIMO KAPENG

Barclays Bank Botswana this morning officially launched its new identity as Absa Bank Botswana Ltd, marking the finalisation of a change that began more than seven years ago.

The P17 billion deal under which the Absa Group acquired the African operations of Barclays Plc has gone through various key stages, with the rebranding exercise marking the final step.

Speaking at the official brand launch, Absa Bank Botswana managing director, Keabetswe Pheko-Moshagane said the occasion was a “new dawn” for the bank, which is the country’s second oldest. 

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“A genuine leader is not a searcherfor consensus but a molder of consensus.”–Martin Luther King Jr.Personality wars at Gaborone City Council (GCC), Palapye District Council and recently at Francistown City Council are holding back developments as civic leaders are increasingly consumed by internal power struggles, personality clashes and political factionalism. The latest developments at the GCC are particularly troubling. The postponement...

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