Botswana’s GDP gets jolt from good performance of non-mining sectors, mining output
Botswana’s economy surged in the 2018/19 financial year, as continued good performance of non-mining sectors and recovery in the mining…
Tag: bank of Botswana
Botswana cuts benchmark rate to record low to boost GDP growth
Botswana’s central bank has cut its benchmark interest rate for the first time in two years to the lowest level…
Bank of Botswana cautions the public against pyramid schemes
Bank of Botswana has cautioned members of the public against some businesses conducting illegal deposit taking activities through pyramid schemes.…
Mixed economic developments for Botswana in the first quarter of the year
The first three months of the year have been characterised by mixed fortunes, but predominantly skewed towards positive developments. At…
The cost of getting blacklisted by the EU
The European Union (EU)’s blacklisting of Botswana for weak anti-money laundering protocols means any transaction emanating from the local financial…
IMF slashes Botswana 2019 growth forecast to 3.6%
The International Monetary Fund (IMF) expects Botswana’s economy to grow by 3.6% next year, a significant reduction from its initial…
Botswana holds interest rate at lowest since at least 2007
Botswana’s central bank held its key interest rate at the lowest since at least 2007 as subdued demand contributes to…
S&P Global Ratings affirms Botswana’s “A-/A-2” sovereign credit rating for 2018 and stable outlook
Standard and Poor’s (S&P Global Ratings) has affirmed Botswana’s 2018 sovereign credit ratings of ‘A-’ and ‘A-2’ for long and…
Bank of Botswana slashes bank rate
Bank of Botswana-BoB has announced a reduction in the bank rate from 5.5 percent to 5 percent. Briefing the…
Barclays Bank PLC announces sale of its controlling stake in Barclays Africa Group Limited
Further to the Bank of Botswana’s Press Release of May 5, 2016, Barclays Africa Group Limited (BAGL) and Barclays Bank…
Banking in Botswana – how safe is your money?
Hot on the heels of an article we ran last week titled “IMF calls on Botswana to tighten banking laws,”…
IMF calls on Botswana to tighten banking laws
The International Monetary Fund (IMF) this week said Botswana needs to review its banking laws, as the central bank lacks…
Inflation accelerates to 13-month high
The annual inflation rate in January 2017 accelerated to 3.1%, an increase of 0.1 of a percentage point on the…