mmegi

FNBB’s profits reach P1.4bn

Friday, September 15, 2023 | 510 Views |

Healthy numbers: Bogatsu speaking at this week’s results briefing PIC: PHATSIMO KAPENG

The country’s biggest bank by balance sheet and customers, First National Bank Botswana (FNBB), has raked in P1.4 billion in pretax profits for the year ended June 30, an 18% increase from the figures recorded in the previous corresponding period.

Presenting the numbers on Wednesday, the bank’s CEO, Steven Bogatsu, attributed the higher profits to a healthy post-COVID-19 loan book.

“The growth was reflective of an economy emerging from the COVID-19 pandemic,” he said.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

SuperSport Brings Massive Sporting Derby Madness this Weekend

correspondent | 15 h ago

BDP retreat ends without binding resolutions

Larona Makhaiza | 15 h ago

Ngoni mounts ‘I’: A colourful, deeply personal triumph

Laone Choeunyane | 27 Feb 2026

Ngoni mounts ‘I’: A colourful, deeply personal triumph

Laone Choeunyane | 18 h ago

Kenewendo sees hopeful signals in diamonds

Mbongeni Mguni,Pauline Dikuelo | 27 Feb 2026

‘Fake’ drugs: A matter of life, truth and accountability

Mmegi Editor | 27 Feb 2026

When claims of such gravity are made, especially by a sitting Assistant Minister they cannot be brushed aside, delayed, or treated as routine political noise. Even the Ombudsman has confirmed receipt of a report from a political party and a review of these complaints is now underway. That is a necessary first step. But it is only the beginning. The seriousness of the allegations demands urgency, transparency and clarity. The public is entitled to...

Mmegi Editor | 27 February 2026

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

FNBB’s profits reach P1.4bn

The country’s biggest bank by balance sheet and customers, First National Bank Botswana (FNBB), has raked in P1.4 billion in pretax profits for the year ended June 30, an 18% increase from the figures recorded in the previous corresponding period.

SuperSport Brings Massive Sporting Derby Madness this Weekend

BDP retreat ends without binding resolutions

UB Hotel gets facelift

Ngoni mounts ‘I’: A colourful, deeply personal triumph

Ngoni mounts ‘I’: A colourful, deeply personal triumph

Kenewendo sees hopeful signals in diamonds

‘Fake’ drugs: A matter of life, truth and accountability

An imperial friend

‘Fake’ drugs: A matter of life, truth and accountability