Bank profits reach yet another historic high
Friday, March 15, 2024 | 750 Views |
Figures made available by the Bank of Botswana (BoB) show that local commercial bank’s continued to enjoy the post-COVID rebound first seen in 2021 when their collective after-tax profits were more than P100 million above the pre-pandemic year of 2019.
For 2023, banks powered to P1.5 billion in the first six months of the year, before wrapping up the calendar at P3.2 billion or nearly 17 percent higher than 2022.
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...