Banks� lending to business quickens
Thursday, June 22, 2017
Addressing the media in Gaborone this week, governor Moses Pelaelo said even though overall credit growth has been declining, lending to businesses, excluding parastatals, is increasing at a higher rate.
“Business credit growth stood at 9.3% in April 2017 compared to 3.9% in April 2016. It is projected that domestic non-mining output will be below trend in the near term, constrained by continued modest growth of household incomes and restrained economic expansion in major trading partners,” he said.
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...