Stanbic unhurried about BSE listing
Friday, August 09, 2019
Stanbic is the only unlisted member of the ‘Big Four’, Botswana’s biggest banks, which also include First National Bank Botswana, Barclays Bank Botswana and Standard Chartered Bank Botswana.
Stanbic’s listing has long been a subject of market speculation, with the bank previously hinting that it was considering an approach to the BSE.
While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...