Pelaelo implores Stanbic to list on BSE

Speaking at the bank’s 25th anniversary celebrations held recently, Pelaelo applauded Stanbic for the role it played in the development of the local banking industry and thus contributing to the economy, but said ‘there was one   missing part of this good story’.

“Unlike its peers, Stanbic is not listed on the Botswana Stock Exchange. The non-existence of the bank on the domestic bourse could be misinterpreted to mean lack of long-term commitment and willingness to have the Botswana public participate in the ownership of the bank.