Announcement • Apr 17
Access Bank Botswana Limited Appoints Reetsang Willie Mokgatlhe as Independent Non-Executive Director, Effective April 15, 2026 Access Bank Botswana Limited announced the appointment of Mr. Reetsang Willie Mokgatlhe as an Independent Non-Executive Director of the Bank, with effect from April 15, 2026. Mr. Mokgatlhe is a well-seasoned and strategic leader with a global career spanning over 35 years. He is a holder of a Bachelor of Commerce (Accounting and Finance) Degree from the University of Botswana and Master of Science in Transport Economics from Cranfield Institute of Technology in the United Kingdom, complemented by specialized short courses. Mr. Mokgatlhe has held senior positions in various organizations and locations including Botswana, Namibia, South Africa and the Netherlands. He has extensive management experience across the aviation and petroleum industries, demonstrating strategic leadership and operational excellence in diverse international environments. Mr. Mokgatlhe was the founding Managing Director of Botswana Oil Ltd, an organisation tasked with security of supply and facilitation of citizen owned companies in the petroleum sector. He previously served as the Chief Executive Officer of Shell Namibia Ltd. and Shell Oil Botswana and was the Government Relations Advisor for Africa at the Shell Group based in The Netherlands. In addition, Mr. Mokgatlhe was the Chief Executive Officer for Air Botswana, achieving profitability in a complex industry. Having served as Chairman and Director in multiple companies, including listed FAR Property Company, National Development Bank, Botswana Tourism Organisation and Botswana Development Corporation, and current Chairman of Cresta Marakanelo Limited, together with his expertise in corporate governance, business development, finance and stakeholder engagement, Mr. Mokgatlhe will bring a wealth of experience to the Board. He currently serves as the Managing Director of Prax Botswana (Pty) Ltd, where he oversees the organization’s strategy, governance, overall management and transition of the company. Announcement • Mar 28
Access Bank Botswana Limited to Report Fiscal Year 2025 Results on Apr 15, 2026 Access Bank Botswana Limited announced that they will report fiscal year 2025 results at 10:25 AM, South Africa Standard Time on Apr 15, 2026 Announcement • Jun 09
Access Bank Botswana Limited, Annual General Meeting, Jun 30, 2025 Access Bank Botswana Limited, Annual General Meeting, Jun 30, 2025. Announcement • Apr 24
Access Bank Botswana Limited Announces Dividend As per the notice on X-News on 31 December 2024, Access Bank Botswana was scheduled to pay dividend to shareholders of 5.9 thebe per share on 22 April 2025, this was subject to regulatory approval, which is still pending as at dividend payment date. The Bank advised its shareholders of a change in the dividend date to 29 April 2025, subject to regulatory approval. All other dates, and the dividend amount being paid remain unchanged. Announcement • Apr 09
Access Bank Botswana Limited Appoints Davis Tele as Independent Non-Executive Director, Effective 7 April 2025 The Board of Directors of Access Bank Botswana Limited, a member of the Access Bank Plc Group announced the appointment of Mr. Davis Tele (‘Davis’) as an Independent Non-Executive Director of the Bank, effective 7 April 2025. Davis is a seasoned professional with over Fourteen years' experience as a professional accountant. He holds a Bachelor of Accountancy degree from the University of Botswana, a Master of Science (M.Sc.) in Accounting and Finance from Birmingham City University in the United Kingdom and is a fellow member of the Association of Chartered Certified Accountants (FCCA) and a fellow member of Botswana Institute of Chartered Accountants (FCPA). He currently serves as Chief of Operations at the Botswana International University of Science and Technology (BIUST), where he is responsible for overseeing the implementation of the institution's financial and operational strategies. Prior to this role, Davis was the Acting Deputy Vice Chancellor - Finance and Administration at the same institution for the period between 1 December 2021 - 27 March 2024. In this role, he has overseen the implementation of several systems, structures and processes that improved organisational performance and efficiency. Amongst other core strategic duties, Davis has also served as Director of Financial Services at both BIUST and the University of Botswana, leading departmental business processes, re-engineering projects, financial planning and financial risk management functions. His core strengths are in implementing innovative solutions and leveraging data driven insights to enhance organisational performance. He uses his expertise to contribute to organisation's growth and success through effective leadership and measured strategic initiatives. Beyond those, Davis has served in several boards including the Botswana Stock Exchange Limited (BSEL) where he served as the chair of the Finance and Audit Committee, a position he held immediately preceding his appointment to the Access Bank Botswana board. He has also previously served in the Central Securities Depository Limited Company of Botswana (CSDB) board where he also chaired the Finance and Risk Committee. He currently serves as a member of the Education and Training subcommittee at the Botswana Accountancy Oversight Authority (BAOA). Davis is passionate about financial literacy and mentoring young professionals on leadership. Announcement • Mar 08
Access Bank Botswana Limited to Report Fiscal Year 2024 Results on Mar 31, 2025 Access Bank Botswana Limited announced that they will report fiscal year 2024 results on Mar 31, 2025 Announcement • Feb 04
Access Bank Botswana Limited Appoints Boiki Matema Wabo Tema as Board Chairman The Board of Directors of Access Bank Botswana Limited, a member of the Access Bank Plc Group announced the appointment of Mr. Boiki Matema Wabo Tema as Board Chairman, effective February 1, 2025. Mr. Tema was first appointed as a member of the Board on September 26, 2018, and has served as an Independent Non-Executive Director. He has also served as committee member of the Board Audit Committee, Board Risk Management and Compliance Committee and for the period leading to his appointment as Board Chairman, he held the position of Chairman of the Board Credit and Finance Committee. Mr. Tema's academic background includes a Bachelor of Arts in Economics from the University of Botswana and a Master of Science in Strategic Management from the University of Derby, UK. His leadership extends beyond banking, with board experience in various subsidiary and associate entities, including FNBB Insurance Agency, FNBB Pension Fund, and Botswana Post. With an extensive career spanning over 25 years in financial services, banking, corporate governance, farming, haulage and logistics, Mr. Tema brings a wealth of experience, having held several key leadership roles in leading financial institutions and, most recently, serving as Coverage Director at Rand Merchant Bank Botswana. As he steps into this new role, Mr. Tema is committed to advancing Access Bank Botswana's philosophy of People, Profit, and Planet. His focus areas for the year will center on the wellbeing of individuals, driving sustainable profitability, and ensuring the health of planet through responsible banking practices. Announcement • Feb 01
Access Bank Botswana Limited Announces Board Changes Access Bank Botswana Limited announced the retirements of two Independent Non-Executive Directors from the Board. Ms Lorato Nthando Mosetlhanyane was appointed on the Board of Directors of the Bank on July 1, 2014. She served as an Independent Non-Executive Director throughout her tenure of 10 years. On March 19, 2019, she was appointed to the position of Board Chairperson, a position that she held until her retirement on January 31, 2025. Mr. Joshua Benjamin Galeforolwe was appointed on the Board of Directors of the Bank on February 22, 2018. He served as an Independent Non-Executive Director throughout his tenure of 7 years. In March 2021, he was appointed to the position of Chairperson of the Board Governance Nomination and Remuneration Committee, a position that he held until his retirement on January 31, 2025. Reported Earnings • Sep 25
First half 2024 earnings released: EPS: P0.055 (vs P0.038 in 1H 2023) First half 2024 results: EPS: P0.055 (up from P0.038 in 1H 2023). Revenue: P344.2m (up 19% from 1H 2023). Net income: P40.0m (up 193% from 1H 2023). Profit margin: 12% (up from 4.7% in 1H 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • Jul 01
Access Bank Botswana Limited, Annual General Meeting, Aug 08, 2024 Access Bank Botswana Limited, Annual General Meeting, Aug 08, 2024. Upcoming Dividend • May 01
Upcoming dividend of P0.04 per share Eligible shareholders must have bought the stock before 08 May 2024. Payment date: 20 May 2024. Trailing yield: 2.0%. Lower than top quartile of Batswana dividend payers (8.4%). Lower than average of industry peers (5.7%). Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: P0.058 (vs P0.011 in FY 2022) Full year 2023 results: EPS: P0.058 (up from P0.011 in FY 2022). Revenue: P598.1m (up 3.9% from FY 2022). Net income: P41.8m (up 409% from FY 2022). Profit margin: 7.0% (up from 1.4% in FY 2022). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Announcement • Jan 12
Access Bank Botswana Limited Announces the Appointment of Sheperd Aisam as Country Managing Director The Board of Directors of Access Bank Botswana Limited announced the appointment of Sheperd Aisam as the Country Managing Director. He was appointed on 4 January 2024. Sheperd is an experienced financial services executive with an elite track record of driving shareholder value and operational efficiency in the financial sector on the African continent. Across his career spanning over 20 years, Sheperd has amassed extensive experience in various facets of banking. He joined Access Bank Botswana from Standard Bank Group where he served as Group Head of Public Sector, Business & Commercial Banking. His depth of expertise positions him well to lead Access Bank Botswana's continued pursuit of commercial banking excellence, grounded in sound and sustainable business practices to unlock value. Prior to this, he was based in Botswana at Stanbic Bank as Executive Head of Corporate & Investment Banking, where he was instrumental in growing the client base and profitability with a diverse team. Sheperd also served in various other roles at Stanbic Bank Botswana and as Interim Head of Client Coverage & TPS at Standard Bank Mauritius during his 15-year career with the banking group. Before joining Stanbic Bank and the Standard Bank Group he gained significant experience and exposure with Barclays Africa notably, he was responsible for leading teams in the Africa sovereign and country risk as well as managing a portfolio in Africa Corporate credit. He has also spent time living and working on these portfolios in Kenya, Tanzania, Zambia, and Mozambique, to mention a few countries in the Sub- Sahara region. Sheperd holds a Bachelor of Business Administration (BBA) degree from the University of Botswana, a Masters of Science (MSc) degree in Strategic Management from the University of Derby and an Executive Masters of Business Administration (EMBA) degree, specialising in Executive Management, from the University of Cape Town Graduate School of Business. He has undertaken several professional development programmes, including but not limited to completing the Barclays Africa Leadership Programme, an accelerated Management Development Programme. Sheperd is passionate about building high impact teams, nurturing sustainable businesses, social impact funding and collaborating with clients and key partners to unlock opportunities in these areas remains close to his heart. Reported Earnings • Oct 09
First half 2023 earnings released: EPS: P0.019 (vs P0.048 in 1H 2022) First half 2023 results: EPS: P0.019 (down from P0.048 in 1H 2022). Revenue: P290.2m (up 6.0% from 1H 2022). Net income: P13.6m (down 61% from 1H 2022). Profit margin: 4.7% (down from 13% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Announcement • Sep 02
Access Bank Botswana Limited to Report First Half, 2023 Results on Sep 30, 2023 Access Bank Botswana Limited announced that they will report first half, 2023 results on Sep 30, 2023 Reported Earnings • Mar 31
Full year 2022 earnings released Full year 2022 results: Revenue: P575.5m (up 16% from FY 2021). Net income: P8.21m (down 51% from FY 2021). Profit margin: 1.4% (down from 3.4% in FY 2021). The decrease in margin was driven by higher expenses. Board Change • Feb 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Non-Executive Director Oteng Keabetswe was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 28
Access Bank Botswana Limited Appoints Oteng Keabetswe as an Independent Non-Executive Director Access Bank Botswana Limited announced the appointment of Mr. Oteng Keabetswe as an Independent Non-Executive Director with effect from 12th January 2023. Oteng Keabetswe is a seasoned professional with over twelve years' experience as an investment professional. Mr. Keabetswe has extensive experience in leading transformational transactions across the African continent. He has held various roles in the local and international market. In his previous employment with the Botswana Development Corporation Limited, he rose through the ranks from the position of Investment Officer in 2016 to Acting Chief Investment Officer in 2021. He also previously worked with Norsad Finance Limited as a Senior Investment Analyst and KPMG Botswana as a Senior Analyst. Mr. Keabetswe is currently employed by Grit Real Estate Income Group, a London Listed Pan African Investor, as the Chief Investment Officer. He is responsible for overseeing the investment strategy & policies for the group, contributing to business strategy and managing the investment, debt, and corporate finance teams. Mr. Keabetswe is a Chartered Global Management Accountant (CGMA) and associate member of the Chartered Institute of Management Accountants (CIMA) as well as the Botswana Institute of Chartered Accountants (BICA). He holds a BA(Hon) from the University of Nottingham and recently obtained his MSc Finance (Banking) from the University of London. Mr. Keabetswe has also completed several professional certificates such as the Management Advancement Programme from WITS Business School, Oxford Private Equity Programme from SAID Business School and the Mezzanine & Leveraged Debt Finance Certificate from the International Faculty of Finance. Mr. Keabetswe has extensive leadership experience, having served in numerous boards in Botswana and across the African continent. He currently serves as an Independent Non- Executive Director (I N E D) on the board of Coca Cola Beverages Botswana (Pty) Ltd. He also serves as a Non-Executive Director (NED) on the Board of Letlole La Rona Limited. Board Change • Oct 31
High number of new directors Independent Non-Executive Director Lynda Mataka was the last director to join the board, commencing their role in 2022. Board Change • Sep 06
High number of new directors Independent Non-Executive Director Lynda Mataka was the last director to join the board, commencing their role in 2022. Announcement • Aug 27
Access Bank Botswana Limited, Annual General Meeting, Sep 16, 2022 Access Bank Botswana Limited, Annual General Meeting, Sep 16, 2022, at 07:00 Coordinated Universal Time. Agenda: To consider and adopt the Chairperson's report; to consider receive, consider and adopt the Managing Director's report; to consider and approve the Audited Financial Statements for the year ended December 31, 2021, together with the Directors, and Auditors' report herein; to consider ratify the appointment of, PricewaterhouseCoopers Botswana as the Bank's Statutory Auditors; to consider authorise the Directors to fix the remuneration of the Auditors, for the year ended December 31, 2021; to consider ratify the remuneration paid to the Directors of the Bank for the year ended December 31, 2021; and to consider other matters. Reported Earnings • Jul 05
Full year 2021 earnings released: EPS: P0.023 (vs P0.13 in FY 2020) Full year 2021 results: EPS: P0.023 (down from P0.13 in FY 2020). Revenue: P518.6m (down 4.1% from FY 2020). Net income: P16.8m (down 82% from FY 2020). Profit margin: 3.2% (down from 17% in FY 2020). The decrease in margin was primarily driven by higher expenses. Non-performing loans: 5.47% (down from 6.00% in FY 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Apr 29
Upcoming dividend of P0.022 per share Eligible shareholders must have bought the stock before 06 May 2022. Payment date: 20 May 2022. Trailing yield: 1.1%. Lower than top quartile of Batswana dividend payers (9.0%). Lower than average of industry peers (5.3%). Reported Earnings • Apr 06
Full year 2021 earnings released: EPS: P0.023 (vs P0.13 in FY 2020) Full year 2021 results: EPS: P0.023 (down from P0.13 in FY 2020). Revenue: P518.6m (down 4.1% from FY 2020). Net income: P16.8m (down 82% from FY 2020). Profit margin: 3.2% (down from 17% in FY 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Apr 03
Access Bank Botswana Limited Announces Final Dividend for the Period Ended 31 December 2021, Payable on May 20, 2022 Access Bank Botswana Limited announced a final dividend of 2.2 thebe per share for the period ended 31 December 2021 is declared and will be payable on 20th May 2022 to those shareholders registered at close of business on 10th May 2022 with an ex-dividend date of 6th May 2022. Reported Earnings • Sep 15
First half 2021 earnings released: EPS P0.071 (vs P0.071 in 1H 2020) The company reported a poor first half result with weaker earnings and revenues, although profit margins were flat. First half 2021 results: Revenue: P261.8m (down 2.8% from 1H 2020). Net income: P51.4m (down 1.8% from 1H 2020). Profit margin: 20% (in line with 1H 2020). Reported Earnings • Jun 21
Full year 2020 earnings released: EPS P0.13 (vs P0.17 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: P541.0m (down 2.0% from FY 2019). Net income: P93.1m (down 23% from FY 2019). Profit margin: 17% (down from 22% in FY 2019). The decrease in margin was primarily driven by higher expenses. Non-performing loans: 6.00% (up from 4.20% in FY 2019). Reported Earnings • Apr 06
Full year 2020 earnings released: EPS P13.00 (vs P0.17 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: P541.0m (down 2.5% from FY 2019). Net income: P91.0m (down 25% from FY 2019). Profit margin: 17% (down from 22% in FY 2019). The decrease in margin was primarily driven by higher expenses. 