Stanbic Appoints New Business Banking Head

Stanbic Bank Botswana has appointed a Motswana, Tapela Mpuchane, as the Head of Business Banking with effect from January 2010.

As Head of Business Banking Mpuchane is expected to steer the department into realising maximum value against a backdrop of uncertain market conditions.

"Stanbic Bank's ethos is to find top local talent to fill positions within the bank. Despite Stanbic Bank falling under the international Standard Bank Group, we put effort in localizing the bank - giving it a more 'Botswana' feel. This cements our commitment to promoting the vision of citizen empowerment," said Craig Bouwer the Director of Personal and Business Banking. 

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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