First Capital Bank Acquires Bank of India (Botswana)

FMcapital Holdings Group (FMBCH), the Mauritius-based holding company for First Capital Bank Botswana this week announced the successful acquisition of Bank of India (Botswana) Limited (BOIB) by First Capital Bank Botswana.

The opportunity to acquire BOIB came as a result of the decision by Bank of India to divest from certain markets outside of India, including Botswana. 

The acquired business complements FMBCH’s offering of products and further strengthens its position as a regional player in the financial services industry.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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