Stanbic Bank Turns Home Ownership Dreams into Reality
Monday, June 18, 2018
As the financial services partner of choice, the Bank has embarked on a customer experience-focused drive designed to make home loans more affordable for Batswana.
In an unconventional move that adds even greater value for the customer, the Bank has pledged to cover valuation and bond registration costs.
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...