Acquisition keeps Bank Gaborone on growth path

Coetzee says the brand refresh signifies progression of the bank
Coetzee says the brand refresh signifies progression of the bank

Bank Gaborone says it is on track with its three-year turnaround strategy following its acquisition by Capricorn Investment Group Limited last year.

The deal led to the rebranding of the bank, which was held last week. Speaking during the launch of the bank’s refreshed brand, Bank Gaborone managing director, Sybrand Coetzee said the brand refresh signifies progression of the bank and all its stakeholders.

“It gives us a revived look, and a new brand purpose, ‘to be a connector of positive change’. This change will be brought to life by our new shared culture, The Capricorn Way, which is our internal compass with set behaviours that ensure we deliver positive change,” he said.

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

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