BSB mauls non-guaranteed loans

Speaking at the official opening of the first BSB branch here last Friday, the Assistant Minister of Finance and Development Planning Guma Moyo said the opening of the branch was a demonstration of a broader commitment by the bank to promote the development of Botswana's financial sector.

He said the BSB prided itself as one of the oldest financial institutions in Botswana. "Its origins date as far back as 1911 in South Africa where it was administered within the Post and Telecommunications Service of South Africa and Bechuanaland under the colonial administration," Moyo said.