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Saturday, 17 October 2026
Botswana’s news, on the hour · Est. 2026
Saturday, 17 October 2026
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Botswanan press · Organization

Absa Bank Botswana

Absa Bank Botswana — financial services provider offering loans, digital payments, and investment services in Botswana, with non-interest income surging 63% in first half 2026.

2026-05-062026-10-17

In coverage

Verbatim sentences from the source article.

  1. October 2026
  2. Weekend Post

    … At Absa Bank Botswana loans are available up to P500,000, with repayment terms of up to 84 months and an interest rate linked to the Absa Prime Lending Rate. …

    When power costs more, energy independence matters more
  3. Weekend Post

    … Absa Bank Botswana is betting that this choreography is coming to an end – and that the humble wristwatch, once a mere instrument of timekeeping, is poised to become one of the most intimate tools of personal finance. …

    The watch that pays
  4. September 2026
  5. The Botswana Gazette

    A 63 percent surge in non-interest income helped Absa Bank Botswana offset pressure from higher funding costs and rising expected credit losses. …

    Fees Cushion Absa Margin Pressure
  6. Botswana Sunday Standard

    Sunday Standard Absa delivers double-digit profit growth Absa Bank Botswana has delivered a resilient first-half performance, lifting profit after tax 18 percent to P376.7 million despite weak domestic demand, uncertainty in the diamond industry and a more challenging economic en …

    Absa delivers double-digit profit growth
  7. Weekend Post

    … Now Absa Bank Botswana is asking them to leave the plastic at home. The bank has partnered with Google and Visa to enable its debit and credit cards to be digitized inside Google Wallet, allowing customers with compatible Android devices to pay by tapping their phones at contactl …

    Absa Botswana’s Google Pay, Bringing contactless payments to a nation still reaching for them
  8. Weekend Post

    … Court filings detail Riotrade’s monthly financial obligations, including P251,915.46 toward a P30 million loan from Bank Gaborone, P443,819.44 toward a P5 million Letlotswa Investment loan, repayments on an ABSA revolving credit facility, P160,000 in vehicle loans, and roughly P1 …

    Inside Botswana’s Tobacco Industry’s multi-million Pula legal battle
  9. Weekend Post

    … Now, Absa Bank Botswana is betting that a single digital card – one that lives entirely on a phone – can end that shuffle. …

    Absa Botswana’s Multi-Currency Virtual Card reimagines digital spending
  10. Daily News Botswana

    … The event is sponsored by ABSA Botswana, with additional support from Kalahari Breweries Limited (KBL) and the Motor Vehicle Accident Fund (MVA). …

    Dithubaruba Cultural Festival tomorrow
  11. Mmegi

    … The bank reported pretax profits of P1.9 billion in the year ended June 2025.Absa Bank Botswana, meanwhile, which is the country’s second largest bank, expects its pretax profits for the half year to June to increase by as much as P82 million. …

    Bank profits return to winning ways
  12. August 2026
  13. Weekend Post

    Absa Bank Botswana has officially renewed its commitment as the title sponsor of the Dithubaruba Cultural Festival, pledging a substantial amount of P1.5 million to be invested over the next three years. …

    Dithubaruba Gets P1.5 Million Absa Boost
Mining & Energy

Rising electricity costs drive demand for solar alternatives

The News

A nine percent electricity tariff increase for 2026/27 and ongoing power interruptions are prompting Botswanans to consider solar energy and alternative sources. The Absa Green Energy Loan offers up to 100 percent financing for solar installations, enabling households and businesses to reduce grid reliance and manage energy costs.

12 October 2026 · Weekend Post →

Monday 12 October

  1. Rising electricity costs drive demand for solar alternatives

    A nine percent electricity tariff increase for 2026/27 and ongoing power interruptions are prompting Botswanans to consider solar energy and alternative sources. The Absa Green Energy Loan offers up to 100 percent financing for solar installations, enabling households and businesses to reduce grid reliance and manage energy costs.

    12 October 2026 · Weekend Post →

  2. Absa Bank Botswana launches Garmin Pay smartwatch payments

    Absa Bank Botswana has introduced Garmin Pay, enabling customers with compatible Garmin smartwatches to make contactless payments by tapping their wrist at payment terminals.

    12 October 2026 · Weekend Post →

Thursday 24 September

  1. Absa Bank Botswana non-interest income surges 63 percent

    Absa Bank Botswana's non-interest income rose 63 percent to P561 million in the six months ended June 30, 2026, helping offset pressure from higher funding costs and rising expected credit losses.

    24 September 2026 · The Botswana Gazette →

Monday 21 September

  1. Absa Bank Botswana reports 18% profit growth in first half

    Absa Bank Botswana lifted profit after tax 18 percent to P376.7 million in the first half, with total income rising 14 percent to P1.29 billion, driven by a sharp increase in non-interest income including a 157 percent surge in net trading and investment income.

    21 September 2026 · Botswana Sunday Standard →

  2. Absa Bank Botswana enables Google Pay for contactless payments

    Absa Bank Botswana has partnered with Google and Visa to allow customers with compatible Android devices to digitize their debit and credit cards in Google Wallet, enabling contactless payments via phone tap at terminals, online, and in-app purchases without physical cards.

    21 September 2026 · Weekend Post →

Monday 14 September

  1. Botswana state agencies in legal battle with tobacco firm

    Botswana's revenue, intelligence, and police agencies are in a high-stakes dispute with tobacco company Riotrade Enterprises and its Managing Director Isaac Danda, who allege unlawful actions including an arrest on a 17-year-old charge, detention at DIS offices, and seizure of the company's bonded warehouse that halted raw tobacco operations.

    14 September 2026 · Weekend Post →

  2. Absa launches multi-currency virtual card for international travel

    Absa Bank Botswana has introduced a digital card that exists on a phone to address currency conversion challenges for international travelers, eliminating the need for airport exchanges and opaque foreign-transaction fees.

    14 September 2026 · Weekend Post →

Thursday 3 September

  1. 18th Dithubaruba Cultural Festival celebrates Bakwena heritage

    The Dithubaruba Cultural Festival, held at Ntsweng Museum in Molepolole, will feature about 40 traditional groups performing dance, music, poetry, and crafts for 24 hours. The event also welcomes Bakwena and Tswana groups from South Africa, including first-time performers and renowned cultural icons.

    3 September 2026 · Daily News Botswana →

Tuesday 1 September

  1. First National Bank and Absa Bank expect profit increases

    First National Bank Botswana expects pretax profits for the full year ended June 2026 to rise by as much as P235 million, building on P1.9 billion in the prior year. Absa Bank Botswana expects pretax profits for the half year to June to increase by as much as P82 million from P412 million in the prior period.

    1 September 2026 · Mmegi →

Monday 24 August

  1. Absa commits P1.5 million over three years to Dithubaruba festival

    Absa Bank Botswana has renewed its sponsorship of the Dithubaruba Cultural Festival with a P1.5 million pledge over three years (P500,000 annually), with funds to support festival growth and community initiatives including financial inclusion, entrepreneurship, and women in business programs.

    24 August 2026 · Weekend Post →

Wednesday 19 August

  1. Kids Independence Run scheduled for September in Gaborone

    Preparations are underway for the 2026 Independence Kids Run, scheduled for September 26 in Gaborone's central business district as Botswana celebrates its 60th Independence Anniversary.

    19 August 2026 · The Botswana Gazette →

Wednesday 12 August

  1. Absa and Yellow Light Taxi Association expand digital payments

    Absa and the Yellow Light Taxi Association signed a Memorandum of Understanding to introduce digital payment solutions for taxi operators, aiming to help them build financial records and access business funding.

    12 August 2026 · Mmegi →

Thursday 6 August

  1. Khoemacau and Absa Bank partner to support citizen-owned SMEs

    Khoemacau Copper Mine and Absa Bank Botswana have partnered to empower citizen-owned small and medium-sized enterprises, targeting the SME sector which constitutes about 40 percent of Botswana's economy as part of the government's citizen economic empowerment agenda.

    6 August 2026 · Weekend Post →

Tuesday 4 August

  1. Khoemacau and Absa partner to support SME growth

    Khoemacau and Absa have formalised a partnership through a Memorandum of Agreement to combine their enterprise development commitments and deliver targeted support to citizen-owned enterprises in the mining value chain, offering financial solutions, business development support, and capacity-building initiatives.

    4 August 2026 · Mmegi →

Monday 3 August

  1. Absa MobiTap mobile payment solution transforms digital economy

    Absa Bank Botswana's MobiTap is a mobile payment platform enabling businesses to accept payments directly on smartphones, targeting financial inclusion and small and medium-sized enterprises. The platform uses industry-standard security controls including contactless payments with PIN verification and EMV compliance to protect transactions.

    3 August 2026 · Weekend Post →

Friday 31 July

  1. Court of Appeal overturns High Court freeze on Pro-Serve funds

    The Court of Appeal has overturned a High Court order that had frozen funds linked to the Modipane-Mabalane Road project and restricted Pro-Serve from managing aspects of the contract, ruling that Tau Grading & Building Construction failed to satisfy legal requirements for an anti-dissipation order. The dispute arose after Pro-Serve terminated its agreement with Tau Grading on the government-backed road project.

    31 July 2026 · Weekend Post →

Friday 24 July

  1. Young Motswana builds TikTok following, seals brand endorsements

    Wayde Gabotlale, known as Waydacayn, has amassed 112,300 followers and 5.7 million likes on TikTok in just over two years, becoming among a niche of top Batswana players on the platform. According to the article, Gen Z Batswana on TikTok are disproving cynicism about local support for entrepreneurship by seeking each other out and boosting each other's profiles and businesses.

    24 July 2026 · Mmegi →

Wednesday 6 May

  1. Absa Bank Botswana launches custody services for institutional investors

    Absa Bank Botswana has launched custody services offering secure, efficient and compliant solutions for safekeeping and administration of assets. The services are designed to address the needs of pension funds, asset managers, insurers, fund managers, trustees, SACCOs and other institutional investors as Botswana's capital markets mature.

    6 May 2026 · Mmegi →

Absa Bank Botswana — Botswanan press coverage · Botswana Minute