the monitor

StanChart shortlists bidders for Wealth, Retail Banking sale

Tuesday, September 02, 2025 | 320 Views |

Standard Chartered Bank Botswana (SCBB) has entered a critical stage in its ongoing restructuring strategy, confirming that it has shortlisted bidders for the sale of its Wealth and Retail Banking (WRB) business.

The Botswana Stock Exchange (BSE)-listed bank is now in the process of evaluating proposals from potential buyers — a move that marks one of the final steps in a divestiture first flagged in late 2024.

"The board wishes to inform the shareholders and the market that the company has shortlisted bidders for the sale of its WRB business and is currently in the process of evaluating their proposals," read a statement published on the BSE.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

The Oneal R&B Orchestra event was an African storytelling in a format not previously explored locally.

Oneal R&B orchestra shares African story

Lucy Kgweetsi | 12 m ago

Yarona FM to host Just Kidding Fam Fest

Nnasaretha Kgamanyane | 17 m ago

Softball Spectacular to quench players’ thirst

Calistus Kolantsho | 21 m ago

Zebras to camp in Tunisia ahead of AFCON finals

Mqondisi Dube | 26 m ago

Search continues for Maun boy feared to have been taken by a crocodile

Larona Makhaiza | 14 h ago

Inimba Gets the Nod for Season 2 on Mzansi Magic

correspondent | 18 h ago

Peace conference addresses growing list of social ills

Laone Choeunyane | 21 h ago

GAYO Botswana and BA ISAGO University Forge Major Partnership to Advance Climate Education and Youth Leadership

correspondent | 21 h ago

Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

The Monitor Editor | 02 December 2025

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More