Kingdom Bank Africa Limited (KBAL) was a bank in Botswana established in the 1990s. [1] It was closed down in 2015 when it was found to have become insolvent; the central bank of Botswana found that its liabilities exceeded its assets by around $17 million and withdrew its license. [2]
Botswana, officially the Republic of Botswana, is a landlocked country in Southern Africa. Formerly the British protectorate of Bechuanaland, Botswana adopted its name after becoming independent within the Commonwealth on 30 September 1966. Since then, it has been a representative republic, with a consistent record of uninterrupted democratic elections and the lowest perceived corruption ranking in Africa since at least 1998. It is currently Africa's oldest continuous democracy., Botswana is topographically flat, with up to 70 percent of its territory being the Kalahari Desert. It is bordered by South Africa to the south and southeast, Namibia to the west and north, and Zimbabwe to the northeast. Its border with Zambia to the north near Kazungula is poorly defined but is, at most, a few hundred metres long.
The economy of Botswana is currently one of the world's fastest growing economies, averaging about 5% per annum over the past decade. Growth in private sector employment averaged about 10% per annum during the first 30 years of the country's independence. After a period of stagnation at the turn of the 21st century, Botswana's economy registered strong levels of growth, with GDP growth exceeding 6-7% targets. Botswana has been praised by the African Development Bank for sustaining one of the world's longest economic booms. Economic growth since the late 1960s has been on par with some of Asia's largest economies. The government has consistently maintained budget surpluses and has extensive foreign-exchange reserves.
Festus Gontebanye Mogae is a Motswana politician who served as the third President of Botswana from 1998 to 2008. He succeeded Quett Masire as President in 1998 and was re-elected in October 2004; after ten years in office, he stepped down in 2008 and was succeeded by Lieutenant General Ian Khama.
The Bechuanaland Protectorate was a protectorate established on 31 March 1885, by the United Kingdom of Great Britain and Ireland in Southern Africa. It became the Republic of Botswana on 30 September 1966.
Econet, officially known as Econet Global Ltd, is a diversified telecommunications group with operations and investments in Africa, Europe, South America and the East Asia Pacific Rim, offering products and services in the core areas of mobile and fixed telephony services, broadband, satellite, optical fiber networks and mobile payment.
Absa Group Limited, formerly Barclays Africa Group Limited, and originally Amalgamated Banks of South Africa, is an African based financial services group, offering personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance. It is the majority shareholder of 11 banks spanning Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda and Zambia, with a further two representative offices in Namibia and Nigeria. It also has an international office in London, which opened in September 2018. In 2019, Absa Group opened a representative office in New York City.
First National Bank is one of South Africa's "big five" banks. It is a division of First Rand Limited, a large financial services conglomerate, which trades on the Johannesburg Securities Exchange (JSE), under the symbol: FSR. FNB is also listed on the Botswana Stock Exchange under the symbol FNBB and is a constituent of the BSE Domestic Company Index.
Duncan Lawrie Limited, known simply as Duncan Lawrie, was a small private bank with its head office in Belgravia, London. Founded in 1971, the bank offered a bespoke service, with an emphasis on a personal relationship, to high-net-worth individuals. It is in the process of winding down its operations.
BancABC, officially known as ABC Holdings Limited, is a pan-African financial services provider, headquartered in Gaborone, Botswana.
CEO Mitchell Slape (2019-)
FirstRand Limited, also referred to as FirstRand Group is the holding company of FirstRand Bank, and is a financial services provider in South Africa. It is one of the financial services providers licensed by the Reserve Bank of South Africa, the national banking regulator.
Standard Chartered Kenya, whose official name is Standard Chartered Bank Kenya Limited, but is sometimes referred to as Stanchart Kenya, is a commercial bank in Kenya. It is a subsidiary of the British multinational financial conglomerate headquartered in London, United Kingdom, known as Standard Chartered. Stanchart Kenya is one of the banks licensed by the Central Bank of Kenya, the central bank and national banking regulator, in the largest economy in the East African Community.
Bank of India (Uganda) Limited (BOIUL), commonly referred to as Bank of India (Uganda), is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the national banking regulator.
Atlas Mara Limited, formerly referred to as Atlas Mara Co-Nvest Limited, is a financial services holding company formed to undertake the acquisition of target banks in Africa.
Letshego Holdings Limited is a microfinance holding company with its headquarters in Gaborone, Botswana and is listed on the Botswana Stock Exchange (BSE). Letshego is a Setswana word meaning “Support”.
Bank of India (Kenya) (BOIK) is a commercial bank in Kenya. It is one of the commercial banks licensed by the Central Bank of Kenya, the national banking regulator.
SCL Group was a private British behavioural research and strategic communication company. In the United States and other countries, SCL has generated public scandal mainly through its subsidiary Cambridge Analytica. It performed data mining and data analysis on its audience. Based on results, communications would then be specifically targeted to key audience groups to modify behaviour in accordance with the goal of SCL's client. The company used to describe itself as a "global election management agency". London-based SCL was founded by Nigel Oakes who served as its CEO.
ABS Free Dish is a Bermuda-based free-to-air digital direct-broadcast satellite television service owned and operated by the Asia Broadcast Satellite. It is the second free-to-air satellite television service in India. Initially, ABS2 satellite at 75° was used to broadcast 97 FTA MPEG-2 channels and one MPEG4 channel. In India, it is headed by Mr. Rajiv Khattar, the erstwhile President of Dish TV India having more than 25 years of cable and broadcasting industry experience.
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