ABSA - Absa Bank Botswana

Jan 26, 2022 at 14:19 Twitter · Facebook

ABSA share price on Botswana Stock Exchange

Absa Bank Botswana Limited, formerly Barclays Bank of Botswana, is the leading commercial bank in Botswana. The company opened its doors in 1950 as Barclays with its first branch in Lobatse. By 1975, when Barclays became an incorporated entity in Botswana, the bank had expanded its network with additional branches. Barclays Bank Botswana is part of Absa Group Limited, one of Africa's largest diversified financial services group with a presence in 12 countries across the continent.

With a current network of 34 branches and 115 ATM machines throughout the country, Absa Bank is the biggest bank and among the oldest corporate citizens in Botswana. The bank has shown dedication to several community causes over the years by partnering with organizations such as Stepping Stones International, Mothers for All, and the Kalahari Conservation Society. Absa Bank provides financial support to outstanding postgraduate students through the Barclays F. G. Mogae Scholarship Fund.

ABSA Stock Market Performance

The current share price of Absa Bank Botswana (ABSA) is BWP 4.64. ABSA closed its last trading day (Wednesday, January 26, 2022) at 4.64 BWP per share on the Botswana Stock Exchange (BSE).

Absa Bank Botswana is the fifth most traded stock on the Botswana Stock Exchange over the past three months (Oct 25, 2021 - Jan 26, 2022). ABSA has traded a total volume of 5.92 million shares—in 69 deals—valued at BWP 27.5 million over the period, with an average of 93,979 traded shares per session. A volume high of 2.3 million was achieved on November 12th for the same period. The table below details the last 10 trading days of activity of Absa Bank Botswana on the Botswana Stock Exchange.

Profile of Absa Bank Botswana Limited

Absa Bank Botswana Limited operates in the Financials sector, specifically, the Banking industry. Absa Bank Botswana contracts an estimated total number of 1,100 employees. The company's board of directors, chaired by Andrew Oduetse Motshidisi, is composed of seven members whose names are listed below.

1. Motshidisi, Andrew Oduetse
   Chairman
2. Maika, Lawrence
   Independent Non-Executive Director
3. Dube, Ambassador Alfred
   Independent Non-Executive Director
4. Molosi, Kenneth
   Independent Non-Executive Director
5. Mynhardt, Tobias
   Independent Non-Executive Director
6. Ramaphane, Kgotlayarona
   Independent Non-Executive Director
7. Osman, Mohamed
   Independent Non-Executive Director

ABSA Industrial Market Competitors

Absa Bank Botswana Limited, issuers of the ABSA stock on the Botswana Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Banking industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Stock Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange