Investors cautious as earnings season kicks off :: Mmegi Online

The slowdown in the economy is expected to weigh on the performances of listed companies in the upcoming earnings season, snapping a multi-year bull market for equities in which most counters have enjoyed rosy growth.

Listed companies are expected to begin reporting their interim and full-year results this month, and already, several major counters have announced that they expect lower returns. Absa Bank Botswana expects its pretax profits to be down by as much as P167 million for the six months to June 2025, whilst Standard Chartered Bank Botswana expects profitability to be lower by as much as P127 million. Absa is due to report on September 16, whilst SCBB will unveil before September 30.

The Botswana Stock Exchange has experienced robust growth since the pandemic ended, with the repatriation of pension funds and a warming economy, pushing prices up and boosting trading activity.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Explore

More

Investors cautious as earnings season kicks off

The slowdown in the economy is expected to weigh on the performances of listed companies in the upcoming earnings season, snapping a multi-year bull market for equities in which most counters have enjoyed rosy growth.

Dis agent gets bail in daughter rape case

Dato Seiko announces an immersive show : healing point

Senior police officer found dead in suspected suicide

India to rescue with ARVs amid ongoing health crisis

Boko should stop the fighting and start the delivering

Queue of Hope and Helplessness

BFA should present a clear cut plan for Zebras

Special mention for Botswana as Betway rakes P9bn in Africa

Boko should stop the fighting and start the delivering