BBS’ Poor Results Are Not Irredeemable – Chairman
Says acquisition of commercial licence will have a positive impact on the bottom line Mortgage loans were flat and impacted ...
Tag: Bank of Botswana
Proposed Law to Tighten the Screws on Banks
The government is gearing up to tighten the screws on the banking sector by ensuring that it is foolproof against ...
Banks cash less on household borrowing
Household loans down to 5.4 percent Improvement in lending to businesses reported Household debt currently stands at P54.8 billion. Botswana’s ...
Fitch sees Hard Times ahead for Batswana
Botswana consumers have been warned to brace for high interest rates as well as to contend with servicing expensive debts. ...
Banks charged for breaking the law
One bank was charged for violating three sections of the Banking Act Another was charged for not declaring large cash ...
BoB says market data point to adequate liquidity
Allays fears of acute liquidity shortage “It is the responsibility of banks to manage their liquidity position” Liquidity increased to ...
Rate hikes: 50 basis points a time
MPC says inflation will trend downward from Q2 2022 At the meeting held on August 25, 2022, the Monetary Policy ...
Fund managers take advantage of liquidity squeeze
Short-term investors enjoy higher deposit yields Capital flows from lower returns to higher ones Attractive bond yields may reduce the ...
BoB may hike interest rate next week following inflation spike
Consumer price inflation in Botswana accelerated to 14.3 percent y/y in July from 12.7 percent y/y in June. Contributing to ...
Economists say interest rate hike is not ideal
It would further hinder the domestic economy’s post COVID-19 recovery Higher interest rates impact on government’s cost of borrowing Should ...
