Interest rates unchanged

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The Bank of Botswana last week decided to keep interest rates unchanged, a development that will be good news for borrowers.

In a statement released after a Monetary Policy Committee (MPC) meeting, the central bank announced on Friday that the bank rate would be maintained at 7.5 percent.

The bank said the current state of the economy, domestic and external economic prospects as well as the inflation outlook suggest that the current policy stance is consistent with maintaining inflation within the Bank’s objective in the medium term.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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