Banks' honeymoon coming to an end

Friday, June 11, 2010

Days of excessive interest income could be over for banks if the Bank of Botswana heeds IMF and World Bank advice

Making abnormally massive profits should soon be over for Botswana's commercial banks, thanks to the Bank of Botswana's decision to adopt a low interest rate regime, analysts reckon.

Largely due to the high interest rate regime that has been in place for over a decade, banks in Botswana have been making super profits by comparison with their peers in the region.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Off to The Bahamas: The relay team at the Sir Seretse Khama Airport on Sunday PIC: BAA FACEBOOK

GU face Galaxy hurdle in title defence

Boitumelo Khutsafalo | 1d ago

Tables turn on disciplined forces

Mqondisi Dube | 1d ago

Softball constitution under scrutiny

Calistus Kolantsho | 1d ago

Bodybuilders ready to flex muscles

Mqondisi Dube | 15 h ago

Ditlhokwe returns after long term injury

Larona Makhaiza | 1d ago

Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

The Monitor Editor | 29 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More