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 ...
Tag: Bank of Botswana
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 ...
BoB’s alleged stolen P100bn: S/African Court refuses to intervene
Refers the matter for diplomatic resolution between the two neighbouring states A South African court has reportedly refused to intervene ...
Justice for Debswana’s contract spy at last
Debswana to pay P110m plus interest to Infotrac and Motshidi Justice Tafa pronounces himself impressed with Infotrac Characterises former PSP ...
Credit growth accelerates as loan uptake increases
Increase in economic activity led to loan uptake by local businesses Household loan increased from 6.1 % to 6.5 % ...
Property market deteriorated in Q3 of 2021 – BoB
Demand for middle and upper end properties down Market for office space remains weak due to boom of completed construction ...
