We Need A Diversified Banking Sector
Monday, October 24, 2016
We wish to welcome the new Governor as he starts his chapter. We hope he will have a lasting legacy like his precessors. Pelaelo takes over at a time when Botswana is grappling with unemployment.
Surely, BoB’s duty in the current situation is more than just monitoring inflation, but most importantly exploring immediate and long-term solutions that it can offer as the banking regulator to diversify the banking sector with a view to creating diverse players in the sector for job creation and attraction of foreign direct investment in this highly untapped sector which has largely focused on commercial banks.
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...