Absa Botswana expects higher profits

 Absa Botswana expects higher profits
Absa Botswana expects higher profits

Absa Bank Botswana expects its pretax profits for 2019 to come in up to P88 million higher than the previous period. Some employees, however, will not enjoy the fruits of the higher earnings as the bank is finalising a voluntary separation scheme due to be complete by May. 

Last week, the newly rebranded bank told investors that pretax profits for the year ended December 31, 2019 would be up to 15% higher than the P588 million earned in 2018.

Absa Bank Botswana expects to unveil its results before the end of March. The latest forecasts continue the bank’s run of robust profits, following a difficult spell in the early years of the last decade. 

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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