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Stanbic Bank Botswana dedicates 25 years of moving forward to valued stakeholders

Stanbic Bank Botswana welcomed valued stakeholders to an intimate gala dinner to commemorate its silver jubilee – 25 years since first opening its doors to Batswana.

Held at Gaborone International Convention Centre (GICC) on the 23rd of March 2017, the engagement served as a veritable tribute to the countless number of staff, customers, partners and various stakeholders who have contributed to the bank’s increasingly strong narrative and legacy over the years.

Present on the evening were faces who have been a part of Stanbic Bank through the decades in many a shape and form, from its six long serving employees, Mr Richard Flattery (First Stanbic Bank Branch Manager) to key clientele.  Said Stanbic Bank Botswana Chief Executive, Mr. Leina Gabaraane, “25 years of having our doors open to Batswana means 25 years of supporting individuals, families, business, communities and a nation.

 

It means 25 years of building great relationships, being a part of the narrative of people’s lives; the lives of those driving big industry and sector deals to further boost our economy, in mining, metals, oil, gas, power and infrastructure etc.; the life of a young entrepreneur starting his first business; the life of a father buying his first family car or saving for his daughter’s university education … I believe we are most fortunate to be able to wield impact in such way.”

Keynote speaker, Governor of the Bank of Botswana. Mr. Moses Dinekere Pelaelo, commended the bank on this momentous milestone and of the impact of its efforts over the years. He implored Stanbic Bank Botswana “to continue to focus on making a veritable difference and to work with other institutions and stakeholders.” Mr. Pelaelo further shared: “there is need for banking institutions to diversify their services and continuously innovate to develop increasingly appropriate solutions for Batswana today and into the future. There is need, too, to continue to grow the wealth of talent we have in Botswana. To enhance our skills capability as a nation.”


Stanbic Bank Botswana first opened its doors on March 2nd, 1992 with 24 staff members. Today, Stanbic Bank has a total of 603 staff members across 10 branches nationwide. Stanbic Bank provides the full spectrum of financial services and operates within two divisions: Corporate and Investment Banking (CIB) and Personal & Business Banking (PBB).


CIB serves a wide range of requirements for banking and delivers this comprehensive range of solutions including; Investment Banking, Global Markets and Transactional Products and Services. CIB expertise is focused on industry sectors that are most relevant to emerging markets and Botswana. PBB offers general retail banking and financial solutions to individuals and small-to-medium enterprises in the personal and business market.

This division delivers the increasingly evolving customer needs with innovation and excellence as core principles. Some of the key services offered include Private and Executive Banking, Enterprise Banking, Commercial Banking, Agricultural Banking, Cellphone Banking, App Banking, Internet Banking, Business Online, Cross border and general trade offerings.


“We continue to be guided by the very ambition that marked our birth as a business, and we do so with enhanced focus and determination at every turn. Stanbic Bank is committed to enhancing the lives of the community it operates in and it is this inherent focus on people and passion that drives our operations, for we believe Africa is our home and we drive her growth. Thus, as we thank each and every person or entity that has helped bring us to where we are today, we also commemorate our 25th anniversary, our Silver Jubilee, with them. We dedicate and share it with all those who have contributed to our evolving narrative, and we thank them, wholeheartedly, for being a part of ours,” concluded Mr. Gabaraane.

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Business

Food prices continue to rise, but at a slower rate

28th November 2022

Prices for cereals or staple foods in Botswana and other Southern African countries continue to rise at a slower pace, following trends in the global markets, according to the latest November 2022 Food Price Monitoring and Analysis by Food Agricultural Organization (FAO) of the United Nations.

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Business

Still doing business the old way?

18th November 2022

It’s time to get business done better with MTN Business Botswana’s ICT Solutions.

Running a digital businessMTN Business Solutions Botswana, popularly known as MTN Business is an Internet Service Provider. We are a subsidiary of MTN Group Limited, a multinational telecommunications Group headquartered in South Africa, which operates in 19 markets across Africa and the Middle East.

More and more, clients are looking for ways to keep their staff productive in a dynamically changing business environment. Whether your people are working from home, the office or abroad, there is a growing recognition that digitising your operations can offer unprecedented commercial value in flexibility, productivity and growth. This new, digital reality means that it is more important than ever to stay agile – if there is anything that can slow a business down, it is being burdened by othatld technology.

Having made substantial investments in fibre technology, high-speed terrestrial and undersea networks and new frequency spectrum across the markets wherein it operates, MTN is perfectly positioned to respond to this shift in the market.

A few years ago, MTN also made the decision to build an IP capable radio network for its mobile services, giving its core network the ability to seamlessly integrate with enterprise IP networks. The mobile towers deliver services to enterprise clients absolutely anywhere it has a network, shortening the last mile and removing complexity and cost.

Now there is increasing demand from clients to connect their remote sites in all areas, including rural and semi- rural. MTN has assisted clients with overcoming this connectivity hurdle, enabling their staff to get the job done wherever they are.
MTN’s evolution

For MTN, the focus has shifted from just being a core telecommunications services provider, towards also becoming a technology solutions provider. The service offering now also includes Unified Communications, Data Hosting and Cloud Solutions, Security-As-A-Service and Managed Network Services. The scope has changed to being client and industry specific, so the requirements and service portfolio vary from one client to the next. The expectation is that a company like MTN must respond to these challenges, helping clients to get business done better as they shift from old to new technologies.

As many businesses continue to grapple with a digitally dynamic world, they face new challenges that have to be solved. This environment will benefit those that are more digitally enabled and agile. It is a brave new world that will favour online over on-site, wireless over wired and fluid over formulaic. Businesses will seek out partners and suppliers that are every bit as flexible and forward-looking as they are.
Ultimately, clients need partners like MTN Business that will invest in infrastructure, deliver the services they require, have market credibility, are financially sound and have a long-term commitment to their market presence.

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BIE to vitalize the Dignity of Engineers

9th November 2022

Botswana Institution Of Engineers (BIE), has last week hosted a gala dinner in  which they appreciated engineers who worked tirelessly and with dedication for 10 years from 1983 to steer the BIE to its current status.

The event that was held at the Phakalane Golf Estate had brought together young, experienced and veteran engineers and was held under the theme “Vitalize the dignity and eminence of all professional engineers”.

Explaining the theme, the institution’s treasurer, Thanabalasingam Raveendran said that engineers were looked upon reverentially with respect as the educated but with time it seems to have deteriorated. He indicated that there is a need to change the narrative by all means.

“The BIE exists for the welfare and the betterment of us Botswana engineers, we need to recognize specialised units within our Institution. We Engineers strongly believe in Engineers make it happen” Raveendran said.

He indicated that under the theme they appeal to all engineers to energize, to attain quality of being worthy of honour and respect and to achieve recognized superiority amongst the Society.

Raveendran stated that engineers need to ensure their end product is of good quality satisfying the end users expectations and engineers must be honest in their work.

“Approximately 8000 engineers registered with Engineering Regulatory Board (ERB) are not members of the BIE, engineers need to make every effort to recruit them to BIE” he said.

He alluded that BIE being a society, it currently needs to upgrade itself at par with professional institutions elsewhere like the UK and USA.

He further stated that BIE has to have engineering units of specialised disciplines like Civil/Mechanical/electrical etc

“As President Masisi indicated in his inaugural speech, the young people, who make 60 percent of the population of this country, are the future leaders and therefore investing in them is building the bridge to the future” said Raveendran

Kandima indicated that BIE has a memorandum of Understanding with Engineers Registration Board (ERB), where BIE is a recognised provider of CPD training, mentorship programmes and more importantly IPD undertaking to upgrade the skills and know-how of our engineers.

“For us to achieve our mandate and make worthwhile changes to engineering in Botswana, we have to be totally focused and act with intent” said Kandima.

Furthermore, Stephen Williams, past president of the BIE from 1986-1988 told the engineers that  the BIE provides a fertile environment where they can meet, share ideas and grow professionally.

“The BIE is also a nesting place for graduate engineers to learn from their peers and seniors, it also cater for engineering technicians and technologists and so nobody in the technology field is left out” he said.

He further indicated that Botswana Government provides a conductive environment for growth of engineering professionals.

“It must be stated that the Botswana Government recognises the existence of BIE and it can further be stated that the government enables ERB to carry out its mandate as a regulator of engineering professionals” said Williams

He plead with engineering companies to recognize and support BIE as it is the only source of engineering personnel’s for various Industries .

Furthermore, when giving his farewell speech, Michael Pinard , a past president of the institution  said how they are viewed as engineers by the general public might be due to some lack of appreciation as to exactly what role they play in the development of the country.

“The BIE slogan is aptly coined-Engineers make it happen, in other words, what man dreams engineers create” Said Pinard.

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