Stanbic bank hosts a seminar on election risk management strategies
As half of the world population goes to the polls this year with 64 countries gearing up for their general election season, businesses and investors are closely monitoring the unfolding political landscape bearing in mind that abrupt policy changes and shifts in government could have profound effects on the economy.
It was therefore on that backdrop that Stanbic Bank Botswana recently held a workshop to sensitise their commercial clients on the potential risks that might arise because of elections and the possible solutions.
Stanbic also used the platform to present a strong portfolio of Global Markets (GM) Forex (FX) Structured Solutions and Products, part of the Head of Corporate & Investment Banking (CIB) offering.
Speaking at the workshop, Stanbic Global Market Sales-Corporate Onalenna Letlole noted that in 2023 the GDP of Botswana slowed down compared to how the economy performed in 2022. She said the non-mining sector on the other hand is estimated to grow on average by 5.7 percent.
“There might be changes in the government in some countries leading to policy changes. There is a high chance that in the United States…
