BPOPF shake -up boosts banks liquidity
Friday, June 26, 2015
Earlier in the year, the Bank of Botswana was forced to release P2.3 billion into the banking system, following a liquidity crunch caused by years of unsustainably high credit growth set against stagnant deposits growth.
The BPOPF, which holds a larger part of its P54 billion war chest offshore, recently shook up the local capital markets by withdrawing mandates from some local managers and reallocating them to new clients.
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...