Tag: Bank of Botswana

BoB governor takes part in annual IMF, World Bank meetings

The Governor of the Bank of Botswana, Linah Mohohlo, has just returned from Washington DC where she participated in the annual meetings of the International Monetary Fund (IMF) and World Bank, in…

End of era as Linah Mohohlo leaves Bank of Botswana

Bank of Botswana says its governor, Linah Mohohlo will leave office on October 20, 2016 as the tough banking regulator goes on retirement. Mohohlo was appointed central bank governor in 1999, following…

Motswedi Securities’ take on BoB rate cut

The Bank of Botswana (BoB) has reduced the Bank Rate from 6% to 5.5%. The last interest rate cut was made almost a year ago on the 6th of August 2015 by…

Bank of Botswana cuts benchmark rate to 5.5%

Bank of Botswana (BoB), the country’s central bank has lowered the cost of borrowing arguing that fundamentals point to a need to easy the monetary policy and support economic activity. The bank’s…

Botswana banks’ total income down in 2015

Total income for commercial banks (net-interest income and non-interest income) in Botswana decreased last year owning to a raft of factors including reductions in the benchmark rate over the course of 2015.…

Statutory banks’ financial position grows

Botswana’s three statutory banks have grown their financial positions in 2015 according to latest Bank of Botswana (BoB) report. The apex bank’s Banking Supervision Annual Report 2015 notes that total assets for…