StanChart to sponsor banking, financial studies

Moatlhodi Lekaukau addressing the media about the upcoming Standard Charted Bank Education Trust. PIC: KEBOFHE MATHE
Moatlhodi Lekaukau addressing the media about the upcoming Standard Charted Bank Education Trust. PIC: KEBOFHE MATHE

Standard Chartered Bank has formed an educational trust to enhance skills in the Botswana finance and banking sector.

The bank said they took the initiative because locals have been found wanting in the sector. In addition, the move supports the government’s vision of promoting skills readiness and availability.

At a press briefing yesterday in Gaborone, Standard Bank chief executive officer, Moatlhodi Lekaukau said skills inadequacy in the finance sector has rendered the country unattractive to do business.  “For some years the majority shareholders of the group have been brainstorming on how to achieve broader ownership of the company,” he said.

Editor's Comment
Government’s efforts commendable!

Since the news broke, the government made sure to work hand in hand with the South African government to assist the families of the victims. The two countries came together to help the families identify the bodies of their loved ones through DNA testing. The government also announced that they would assist families with food for mourners before the funerals.Even though the deceased persons were mostly residents of Molepolole, the government...

Have a Story? Send Us a tip
arrow up