New era dawns in banking sector
Friday, January 16, 2015
Mmegi: How was the financial performance and profitability of the Botswana banking industry during 2014?
Mabusa: The year 2014 has been an exciting and challenging year for banking industry performance and profitability. The positive commercial bank lending trajectory, which was observed in 2013 continued into the third quarter of 2014, demonstrating strong commercial bank optimism against the backdrop of subdued deposit growth. However, a definitive statement about industry performance and profitability trends for the year can only be made when industry aggregates have been consolidated post-end of year.
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...