Mmegi

Bank liquidity crunch eases but...

Eyes on the market: BoB governor, Cornelius Dekop PIC.PHATSIMO KAPENG
Eyes on the market: BoB governor, Cornelius Dekop PIC.PHATSIMO KAPENG

Local commercial banks experienced relief in their ability to have readily available cash to lend in the month of March, as repatriated pension funds provided a temporary remedy to the long-running liquidity crunch in the capital market.

According to Bank of Botswana (BoB) data, average liquidity in March increased from a shortfall of P305 million to an excess of P764 million, providing a temporary respite to the tight liquidity conditions that have plagued the banking sector for months.

In its most recent monetary policy report, the central bank noted that liquidity pressures had eased down as foreign capital inflows pumped capital into the local banking sector.

Editor's Comment
Two-tier education system demands action

Whilst we join Botswana Sectors of Educators Trade Union (BOSETU) and other stakeholders in commending the rise in top grades, a testament to the unwavering effort of many teachers and pupils, this progress is fundamentally shadowed by a failing that shames our society. The stark, persistent urban-rural divide is not just a statistic, but an active betrayal of thousands of young Batswana.The figures are a damning indictment. When pass rates in...

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