Insurance Litigation Seminar

This past Friday we had the pleasure of hosting an insurance seminar for our esteemed clients, practising as insurers. At the seminar we discussed every day practical issues that are encountered in the insurance industry such as insurance litigation, the concept of subrogation and that of time bar. The goal, in discussing these practical issues, was to facilitate the handover of claims and streamline the process of communication between us, Minchin & Kelly (Botswana), and our clients, so as to improve our attorney-client relationship. We have no doubt that this will result in the advancement of our ability to represent our clients diligently in the insurance landscape.

We thank all those who contributed towards the success of this seminar.

Legislation Update – Banking Bill (Bill No.1 of 2023)

On the 13th of January 2023, the Banking Bill (Bill No. 1 of 2023) was published in the Government Gazette and it is intended to be presented to the National Assembly by the Minister of Finance, Ms. Peggy O. Serame at least 30 days after its publication. Once passed, the Bill will repeal and re-enact the Banking Act (Cap 46:04) to align same with international best practice. The Banking Bill also intends to align the country’s regulatory and supervisory standards to the changing nature of both domestic and international financial systems. Should it become law, the Banking Bill will bolster the current legal framework by developing an inclusive and innovative banking sector, regulating the corporate governance of banks, deposit taking institutions and capital structures.