Possible Branch Closures At Stanchart

Standard Chartered has 17 branches across the country
Standard Chartered has 17 branches across the country

Standard Chartered Bank Botswana face a possibility of closing some of its branches locally as one of their strategies to get back to a trajectory of sustainable profit growth.

This came after it was announced on Tuesday that parent company Standard Chartered PLC will close up to 100 branches in Africa, Asia and the Middle East in an attempt to improve its profitability.

When commenting on this issue the Head of Corporate Affairs Itumeleng Ramsden said that their retail clients segment are embarking on a new strategy which focuses on cities that will experience significant economic growth in the future.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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