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Masupe assures of transparency in Stanchart sale

Masupe
Masupe

FRANCISTOWN: The sale of Standard Chartered Bank Botswana will be handled with transparency and commitment to supporting customers through the transaction, CEO Mpho Masupe has pledged.

He was speaking this week in Francistown, where the bank first opened its doors in the country. The country’s oldest bank is exploring the sale of its full business, rather than just its Wealth and Retail Business (WRB) unit, which had been on the market since November 2024.

Masupe said the sale was part of a strategic shift by the global banking group and was expected to take the next 12 to 15 months.

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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