BBS inches closer to banking licence

Wednesday, August 17, 2022 | 1150 Views |

Eye of the storm: The BBS headquarters in Broadhurst. Shareholders vote next Friday. PIC: MORERI SEJAKGOMO

BBS Ltd has declared a closed period from August 16 to October 15, as it finalises a process with the Bank of Botswana for the issuance of a commercial banking licence.

According to a notice yesterday, during the closed period, members of the board, management, and staff are prohibited from dealing in any manner, directly, or indirectly in the company’s securities.

The latest developments follow a protracted process in which BBS Ltd has undergone legislative and structural changes to prepare for the consideration of its commercial banking licence application by the Bank of Botswana.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

42 out of 45 bodies of Limpopo bus crash victims identified

Boikanyo Mathonsi | 19 m ago

Selefu

2 h ago

Selefu

2 h ago

Civil Society threatens court action over constitution amendment

Innocent Selatlhwa | 2 h ago

Fans urged to fill up stadium

Kabelo Boranabi | 2 h ago

Coaches take jabs ahead of derby

Kabelo Boranabi | 2 h ago

A city divided!

Kabelo Boranabi | 3 h ago

Civil Society threatens Masisi with legal action

Innocent Selatlhwa | 5 h ago

Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

The Monitor Editor | 15 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

BBS inches closer to banking licence

BBS Ltd has declared a closed period from August 16 to October 15, as it finalises a process with the Bank of Botswana for the issuance of a commercial banking licence.

42 out of 45 bodies of Limpopo bus crash victims identified

Selefu

Selefu

Civil Society threatens court action over constitution amendment

Fans urged to fill up stadium

Coaches take jabs ahead of derby

A city divided!

Civil Society threatens Masisi with legal action

Routine child vaccination imperative