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    Botswana’s women boxing on the rise 

    Boxers Finally Receive their Prize Money from 2022 African Championships

    Darts Expects Only P50K from BNSC for 2023/24

    Darts Expects Only P50K from BNSC for 2023/24

    Botswana athletes to train in USA

    Botswana athletes to train in USA

    Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

    Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

    Boxers yet to Receive Prizes from 2022 African Boxing Championships 

    Boxers yet to Receive Prizes from 2022 African Boxing Championships 

    April will see 2nd Instalment of Summer Kids Marathon

    April will see 2nd Instalment of Summer Kids Marathon

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      Botswana’s women boxing on the rise 

      Boxers Finally Receive their Prize Money from 2022 African Championships

      Darts Expects Only P50K from BNSC for 2023/24

      Darts Expects Only P50K from BNSC for 2023/24

      Botswana athletes to train in USA

      Botswana athletes to train in USA

      Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

      Debswana’s BAA Sponsorship Plays Critical Role in Developing BW Athletics – Theetso

      Boxers yet to Receive Prizes from 2022 African Boxing Championships 

      Boxers yet to Receive Prizes from 2022 African Boxing Championships 

      April will see 2nd Instalment of Summer Kids Marathon

      April will see 2nd Instalment of Summer Kids Marathon

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      Bank of Mozambique delivers another 2% rate hike

      mm by RMB Africa Research
      October 4, 2022
      in News
      Reading Time: 1 min read
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      Bank of Mozambique delivers another 2% rate hike

      Mozambique real interest rate remains positive (%). Source: ETM Analytics, Bloomberg

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      The Bank of Mozambique (BoM) surprised markets by delivering another outsized 200bp rate hike, taking its benchmark MIMO rate to 17.25 percent.

      This is the most restrictive monetary policy has been since early 2018. The BoM is one of just four African central banks to have raised rates by 400bp or more this year. Since the lows in 2020, policymakers have hiked rates by a combined 700bp. The central bank said in its statement that the decision to deliver another outsized rate hike is to ensure the return of inflation to single-digit territory in the medium term, against a backdrop of expected ongoing volatility of energy prices in the global market, amid the prolonged Russia-Ukraine conflict.

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