Stanchart explores full sale of its business
Tuesday, January 13, 2026 | 350 Views |
Exiting: Stanchart is the country's oldest bank, having established as an agency in Francistown in 1897
Popularly referred to as Stanchart, the London-based global group, first set up in Botswana in 1897 as the country’s first commercial bank.
In a statement earlier today, bank executives said the decision to explore a sale of the full franchise rather than just the WRB unit, was informed by feedback from bidders.
When claims of such gravity are made, especially by a sitting Assistant Minister they cannot be brushed aside, delayed, or treated as routine political noise. Even the Ombudsman has confirmed receipt of a report from a political party and a review of these complaints is now underway. That is a necessary first step. But it is only the beginning. The seriousness of the allegations demands urgency, transparency and clarity. The public is entitled to...