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
CoA brings sanity to DIS/DCEC long-standing feud

This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

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