Stanbic flags strong profit recovery
Tuesday, September 08, 2026 | 60 Views |
Stanbic Bank
In a cautionary announcement issued on the bourse, the bank said profit before tax for the six months ended June is expected to increase by between 10% and 20%, representing a rise of between P41 million and P83 million from the corresponding period last year.
Stanbic reported profit before tax of P413 million for the first half of 2025. Its latest guidance therefore puts its six-month pretax profit at between P454 million and P496 million.
Unfortunately, petty thieves tend to be more vicious around this time as they also prepare for the festive season. Culturally, many Batswana go home for the holiday, and petty thieves are amongst those who go home. Burglaries, car break-ins, and attacks on unsuspecting pedestrians seem to be on the rise!That is not all, as scammers continue to take money from pensioners as well as other Batswana who may fall prey to their unscrupulous tactics....