Bank of Botswana holds bank rate steady at 5%

Tuesday, June 19, 2018

Bank of Botswana governor, Moses Pelaelo

The Bank of Botswana this morning maintained the bank rate at 5%, continuing its push to boost economic activity through accommodative interest rates.

At that level, the bank rate is the lowest on record, according to the central bank’s published data, which dates back to 2004.

The bank rate is the benchmark against which all other interest rates, such as lending and deposit rates, are pegged in the market. For consumers, a review of the bank rate means either cheaper or more expensive loans and loan repayments.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

BDP confirms Shamukuni's passing

staff writer | 2 h ago

BDP accuses UDC of "scapegoat politics" over gazette blunder

staff writer | 3 h ago

Top stars descend for BAA National Championships37

Calistus Kolantsho | 1d ago

Fatal crash near Tewane leaves woman dead, nine injured

Pini Bothoko | 21 h ago

Youth unite against fare hike

Tsaone Basimanebotlhe | 1d ago

Students demand answers amid broken promises

Phatsimo Kapeng | 1d ago

Students revolt against UDC go’vt

Johannes Kambai | 1d ago

Phunya’s inspiration, artistry and laughter legacy

Nnasaretha Kgamanyane | 1d ago

BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

Mmegi Editor | 27 March 2026

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