Mohohlo dispels liquidity crisis concerns
Thursday, November 27, 2014
Mohohlo said contrary to perceptions, the liquidity in the banking system is not tight, adding that there is excess liquidity in the banking system which currently stands at approximately P3billion Pula. Mohohlo said this means banks continue to hold excess investable funds over and above the statutory liquid assets requirement. Economists recently pointed out that a new era is dawning in Botswana’s banking sector with an emerging shortage of deposits and liquidity coupled with reduced profitability looking set to bring back the balance of power to the feeble depositors and savers.
Before 2010, the banking sector has been characterised by excess liquidity, super normal profits and low deposits rates, making savings unattractive.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...