Thursday 26 February 2009

Barclays Botswana issues trading update

We are all getting so used to banks announcing profit warnings that it is refreshing to see one give a revised upside guidance. Barclays Bank Botswana have just released a trading update advising shareholders that they anticipates an increase of more than 50% in profit before tax for the year ended 31 December 2008, compared to profit before tax of BWP295 million for the year ended 31 December 2007.

The results are expected to be released on the 25th of March 2009.

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